Percent Completed:  Costs divided by Estimated Costs at Completion.

Gross Profit:  Earned Revenue minus Costs.

Income:  Billed minus Costs.

Estimated Costs at Completion: Budget plus approved Change Orders to the Budget.

Under Billed: Billed minus Earned Revenue.

Earned Revenue: Total Contract times percentage Completion.

[BCB:154:Chat 100 Contractor US:ECB]