Project management allows profitability analysis by


Problem

Project management allows profitability analysis by tracking revenue and expenses by project. Company XYZ had the following revenue and expenses in November:

Project A had revenues of $10,000.

Project B had revenues of $5,000.

$6,000 in expenses was incurred on both projects during the month. 60% pertained to Project A and 40% to Project B.

What was November's income for each project?

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Accounting Basics: Project management allows profitability analysis by
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