The profit for a particular project of Blue Fin Ltd,using the percentage of completion method,was $470 000 for year 1 and $690 000 for year 2 (completion).
-What difference would there be to profit for year 2 if the completion of production method were used?
A) Profit would be $1 160 000 higher.
B) Profit would be $690 000 higher.
C) Profit would be $470 000 lower.
D) Profit would be $470 000 higher.

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The Answer of The profit for a particular project of Blue Fin Ltd,using the percentage of completion method,was $470 000 for year 1 and $690 000 for year 2 (completion).
-What difference would there be to profit for year 2 if the completion of production method were used?
A) Profit would be $1 160 000 higher.
B) Profit would be $690 000 higher.
C) Profit would be $470 000 lower.
D) Profit would be $470 000 higher.

The Profit for a Particular Project of Blue Fin Ltd,using