HL AL contvact is an agreement betwen two CONTRACTOR (Boicveay are ewvonges all dheretousens Vike labour, matewiol , ovevheads the. 40 canyon a pavkeulay work, pavkes C= conrancr Paice Basically the person who undertales Hoe contvact. We do Hic Chapt Prom Conranctor: Pov <> He is terested in Piading out the Profit [Loss made by each Conraact iz] 2 [at ‘ v u v Conraact ConTRAcT Contaacr Contaacr ale Pic Ale Ale SGeperate RIC fey each contact Contract Costing which one party 1s called g ConTRACTEE| (Cuent) Porton sho gues the Contract off BuiLoina * Long Time 40 Complete Fe tyr Huge Resourcer * Contract Work 1s pextonmed at the place of the Contracee. * Expenses oiRecr INDIRECT = Matexah “Deca Exp ~ Lebour ~ Stoves ee ~ Markeking~Transfewed 4o Tov To Laoour To. Supervision “We Overheads “To Genewal. Overheads [7% Plant + Cpening, Balan Plank + Depreciation TS P/L + Prot en Sale of Plant TH PIL + Profit on sale of Mateviah To Notional Proftt jd / To Costing Pie (oxo svunaus) (ew Combvactee Ale Ov. By Bal. bid - Te Contvact A 7 - Contract Ale To Cowlvack Alc x By Cash (Bank x Berane SHEET ExteAct Likilihen Asset PIL Acoust x [Plot ot Site x oe Plont at Stove fe o ies ete X | statesiah ot She x Matesial at Stove . WAP: Work Cevtited x. Hwok Uo y OWIP Reserve (y i) Receive OR a Cit OD — x