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In 2018, Cupid Construction Co

question 155

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In 2018, Cupid Construction Co. (CCC) began work on a two-year fixed price contract project. CCC recognizes revenue over time according to percentage of completion for this contract, and provides the following information (dollars in millions) : In 2018, Cupid Construction Co. (CCC)  began work on a two-year fixed price contract project. CCC recognizes revenue over time according to percentage of completion for this contract, and provides the following information (dollars in millions) :    -What is the fixed contract price for CCC's project? A)  $120 million. B)  $225 million. C)  $345 million. D)  $349.5 million.
-What is the fixed contract price for CCC's project?


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