The given project information is after one month of progress. Assume a month has 25 working...
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The given project information is after one month of progress. Assume a month has 25 working days. Calculate the cost variance at the activity level and estimated project cost at completion. Assume past cost performance will continue for activities D and C, but the planned performance is to be expected of B. Activity A D C B E Cost Percent Complete 100 67 23 45 0 Estimated Total Direct Cost (EP) 20,000 40,000 120,000 60,000 80,000 Actual Direct Cost to Date (EP) 22,000 34,000 64,000 25,000 0 The given project information is after one month of progress. Assume a month has 25 working days. Calculate the cost variance at the activity level and estimated project cost at completion. Assume past cost performance will continue for activities D and C, but the planned performance is to be expected of B. Activity A D C B E Cost Percent Complete 100 67 23 45 0 Estimated Total Direct Cost (EP) 20,000 40,000 120,000 60,000 80,000 Actual Direct Cost to Date (EP) 22,000 34,000 64,000 25,000 0
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Financial Reporting Financial Statement Analysis and Valuation a strategic perspective
ISBN: 978-1337614689
9th edition
Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
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