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Billings in excess of cost typically increase the bottom line, as they represent revenue that has been recognized but not yet matched with the associated expenses. This situation often occurs in long-term contracts or projects, where revenue is recorded based on progress rather than completed costs. Consequently, having billings exceed costs can positively impact profit margins in the short term, though it's important to monitor the situation to ensure it aligns with ongoing project performance.
What else can I help you with?
An increase in the level of carbon dioxide in the blood should decrease the rate of breathing?
No: it would tend to call urgency into your body's systems to do all that can be done to decrease these toxic levels and increase the oxygen levels. This would considerably increase your breathing.
How does the body responds to excess carbon dioxide in the bloodstream?
Excess carbon dioxide in the bloodstream leads to a decrease in blood pH, triggering the body to increase breathing rate and depth to expel CO2 and restore pH balance. This is regulated by the respiratory system which works to maintain acid-base balance in the body through adjustments in breathing patterns.
Which factor would not increase the production of glucose by photosynthesis in plants?
excess carbon dioxide
Where is excess calcium stored when blood calcium levels increase?
Excess calcium is stored in the bones when blood calcium levels increase. This process is regulated by hormones such as calcitonin and parathyroid hormone, which help maintain calcium balance in the body.
As the amount of precipitation on land increases the level of the ground water will probably?
increase as well, as excess water will seep into the ground and replenish the water table.
Is billings in excess of cost reported in current asset side is your inventory?
No, billings in excess of costs are a current liability.
What is Billings in excess of costs?
I am not an accountant; but I work with Billings in excess of costs. Billings in excess of cost is a product of estimating allocated cost and direct cost of a construction contract. This is used in Percentage of Completion basis of financial statement preperation. Billings in excess is liability; Cost in excess of Billings is an asset. An example: Total Contract: $1,000,000. Estimated Cost is $900,000; Estimated Profit is $100,000. You start working the job, at year end you have the following Contract $1,000,000; Total Estimated cost: $900,000; Actual Cost to Date: $450,000; Billings to Date are $600,000; so: 450/900=50% X $1,000,000= $500,000 Earned to date; $500,000 Earned to date - $600,000 Billings to date = $100,000 Billings in Excess of Cost. If you only had $400,000 in Billings to date it would be: $500,000 - $400,000= $100,000 Cost is excess of Billling . Actual Cost to Date / Estimated Cost X Contract Amount = Earned to Date - Billed to Date = (if negative number = Billings in Excess of Costs) (if positive number = Cost in Excess of Billings) Billings in Excess of Costs is a balance sheet liability Cost in Excess of Billings is a balance sheet asset
What effect does an increase in the money supply have on inflation?
An increase in the money supply shifts the money supply curve to the right. If you look on your graph, you will see that an increase in money supply will cause the interest rate to decrease. Here's why: Fed increases money supply-->excess supply of money at the current interest rate -->people buy bonds to get rid of their excess money-->increase in the prices of bonds --> decrease in the interest rate.
Why does eRV decrease during exercise?
Inspiratory Reserve Volume is the excess volume above the tidal volume that can be inspired. During exercise, there is an increase in demand for oxygen which leads to a decrease in IRV.
What will increase one asset and decrease another asset?
There are many transactions that do this. If you receive a payment on account from a customer, you increase Cash and decrease Accounts Receiveable. If you pay for raw materials or merchandise with cash, you increase Inventory and decrease Cash. You can also increase Fixed Assets and decrease Cash if you buy an asset with cash. Moving product from Raw Materials to Finished Goods Inventory is another example. Moving excess cash to an investment account does the same thing. When you make a sale, you decrease Inventory and increase Accounts Receivable.
Are billings in excess of cost a current liability or long term liability?
Yes it is a current liability
What is the difference between unbilled receivables and cost in excess of billings?
Unbilled receivables represent costs in excess of billings on incomplete contracts and, where applicable, accrued profit related to government long-term contracts on which revenue has been recognized, but for which the customer has not yet been billed.
How do you response for excess demand and excess supply?
Increase the price
Does increase in CO2 increase or decrease respiratory rate?
An increase in CO2 levels typically leads to an increase in respiratory rate. This is known as the hypercapnic ventilatory response, where the body tries to eliminate excess CO2 by breathing more rapidly.
What is the cost in excess of billing in long term construction contracts?
Cost in Excess of Billing is an Asset Account that means the contract is under-billed. Actual billings are less than Revenue Earned.
An increase in the level of carbon dioxide in the blood should decrease the rate of breathing?
No: it would tend to call urgency into your body's systems to do all that can be done to decrease these toxic levels and increase the oxygen levels. This would considerably increase your breathing.
How Excess demand and excess supply eliminated by market forces?
Excess demand is easily eliminated by market forces. If either the price or the supply goes up, demand will decrease exponentially.
