Fred Ridgeway€™s project (see Problem 7-25) has progressed over the past several months, and it is now the end of month 16. Fred would like to know the current status of the project with regard to schedule and budget by developing an appropriate table. The relevant data are shown in the following table.

Assume that activities not shown in the table have not yet started and have incurred no cost to date. All activities follow their earliest time schedules.

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PERCENTAGE ACTIVITY COMPLETED ACTUAL COST 100 100 100 100 60 10 80 15 $13,000 $12,000 $6,000 $6,000 $9,000 $800 $3,600 $375