Hi,

How do I come up with the % of profit margin in a specific month or period of an ongoing construction project that may have revisions along the way? I'm using the cumulative catchup method.

I know the costs, revenue, profits, etc, to date and for total project.

This may be a simple answer but I just can't seem to verify what I'm coming up with.

Also, is there a relationship between the various percentages of the different periods and the total project's adjusted gross margin percentage after revisions? In other words, should they add up or average out to the end estimated gross profit margin percentage?

Thanks