Percentage of Completion (Cost-to-Cost)
Part of: Revenue Recognition
Formula
(Costs Incurred to Date / Total Estimated Costs) × Total Contract Revenue
Interactive Calculator
| Component | Value |
|---|---|
| Costs Incurred to Date | |
| Total Estimated Costs | |
| Total Contract Revenue | |
| Revenue Recognized to Date | — |
CategoryRevenue Recognition
ComponentsRevenue Recognized to Date; Costs Incurred to Date; Total Estimated Costs; Total Contract Revenue
Example(300K / 1M) × 2M = $600K revenue recognized
Related Subjects
See Also
- Revenue RecognitionPart of Revenue Recognition
External Links
- Percentage-of-completion method — Wikipedia