Estimate at completion Calculator

✖Actual Cost is the actual price paid for goods by a party.ⓘ Actual Cost [AC]			+10% -10%
✖Bottom-up ETC is the thing that gives you an approximate idea of how much money will be required to complete the remaining balance of work.ⓘ Bottom up ETC [ETC]			+10% -10%

✖Estimate at completion is the forecasted cost of the project, as the project progresses.ⓘ Estimate at completion [EAC]

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Formula

✖

Estimate at completion

Formula

`"EAC" = "AC"+"ETC"`

Example

`"652050"="650000"+"2050"`

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Estimate at completion Solution

STEP 0: Pre-Calculation Summary

Formula Used

Estimate at Completion = Actual Cost+Bottom up ETC
EAC = AC+ETC
This formula uses 3 Variables

Variables Used

Estimate at Completion - Estimate at completion is the forecasted cost of the project, as the project progresses.
Actual Cost - Actual Cost is the actual price paid for goods by a party.
Bottom up ETC - Bottom-up ETC is the thing that gives you an approximate idea of how much money will be required to complete the remaining balance of work.

STEP 1: Convert Input(s) to Base Unit

Actual Cost: 650000 --> No Conversion Required
Bottom up ETC: 2050 --> No Conversion Required

STEP 2: Evaluate Formula

Substituting Input Values in Formula

EAC = AC+ETC --> 650000+2050

Evaluating ... ...

EAC = 652050

STEP 3: Convert Result to Output's Unit

652050 --> No Conversion Required

FINAL ANSWER

652050 <-- Estimate at Completion

(Calculation completed in 00.004 seconds)

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Created by Team Softusvista

Softusvista Office (Pune), India

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Verified by Himanshi Sharma

Bhilai Institute of Technology (BIT), Raipur

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< 22 Business Calculators

Macaulay Duration

Go Macaulay Duration = sum(x,1,5,Cash Flow Number,((Cash Flow/(1+Yield to Maturity (YTM)/Compounding Periods))^Cash Flow Number))*(Time in Years/Present Value)

Weighted Average Cost of Capital

Go Weighted average cost of capital = ((Market value of the firm’s equity/Firm Value)*Cost of Equity)+(((Market Value of the Firm’s Debt/Firm Value)*Cost of Debt)*(1-Corporate Tax Rate))

Total Inventory Cost

Go Total Inventory Cost = Carrying cost per unit per year*(Quantity of Each Order/2)+Fixed cost per order*(Demand in units per year/Quantity of Each Order)

Acid Test Ratio

Go Acid Test Ratio = (Cash+Accounts Receivable+Short Term Investments)/Current Liabilities

Economic Order Quantity

Go Economic Order Quantity = ((2*Fixed cost per order*Demand in units per year)/Carrying cost per unit per year)*(1/2)

Return on Capital Employed

Go Return on capital employed = (Earnings Before Interest and Taxes/(Total Assets-Current Liabilities))*100

Diluted Earnings per Share

Go Diluted Earnings per Share = Net Income/(Average Shares+Other Convertible Securities)

Inventory Shrinkage

Go Inventory Shrinkage = ((Recorded Inventory-Actual Inventory)/Recorded Inventory)*100

Modified Duration

Go Modified Duration = Macaulay Duration/(1+Yield to Maturity (YTM)/Coupon Periods)

Target Inventory Investment

Go Target Inventory Investment = Projected Annual Cost of Goods Sold from Stock Sales/Target Inventory Turnover

Retention Ratio

Go Retention Ratio = (Net Income-Dividend)/Net Income

Contribution Margin per Unit

Go Contribution Margin per Unit = Sales Price per Unit-Variable Cost per Unit

Operating Expense Ratio

Go Operating Expense Ratio = (Operating Expense/Gross Operating Income)*100

Break-Even Point

Go Break Even Point = Fixed Costs/Contribution Margin per Unit

Estimated Earnings

Go Estimated Earnings = Forecasted Sales-Forecasted Expense

Debt Coverage Ratio

Go Debt Coverage Ratio = Net Operating Income/Debt Service

Dividends Per Share

Go Dividends Per Share = Total Dividends/Number of Shares

Solvency Ratio

Go Solvency Ratio = (Shareholders Fund*100)/Total Assets

Estimate at completion

Go Estimate at Completion = Actual Cost+Bottom up ETC

Percentage off

Go Percentage Off = 1-(Selling Price/Original Price)

Preferred Stock

Go Preferred Stock = Dividend/Discount Percentage

Days in Inventory

Go Days in Inventory = 365/Inventory Turnover

Estimate at completion Formula

Estimate at Completion = Actual Cost+Bottom up ETC
EAC = AC+ETC

How to Calculate Estimate at completion?

Estimate at completion calculator uses Estimate at Completion = Actual Cost+Bottom up ETC to calculate the Estimate at Completion, Estimate at completion is the forecasted cost of the project, as the project progresses. Estimate at Completion is denoted by EAC symbol.

How to calculate Estimate at completion using this online calculator? To use this online calculator for Estimate at completion, enter Actual Cost (AC) & Bottom up ETC (ETC) and hit the calculate button. Here is how the Estimate at completion calculation can be explained with given input values -> 652050 = 650000+2050.

FAQ

What is Estimate at completion?

Estimate at completion is the forecasted cost of the project, as the project progresses and is represented as EAC = AC+ETC or Estimate at Completion = Actual Cost+Bottom up ETC. Actual Cost is the actual price paid for goods by a party & Bottom-up ETC is the thing that gives you an approximate idea of how much money will be required to complete the remaining balance of work.

How to calculate Estimate at completion?

Estimate at completion is the forecasted cost of the project, as the project progresses is calculated using Estimate at Completion = Actual Cost+Bottom up ETC. To calculate Estimate at completion, you need Actual Cost (AC) & Bottom up ETC (ETC). With our tool, you need to enter the respective value for Actual Cost & Bottom up ETC and hit the calculate button. You can also select the units (if any) for Input(s) and the Output as well.

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