A work element in the project plan requires 50 hours of labor each by four carpenters. in other words, each carpenter has to work 50 hours to complete the work element. The carpenters are paid $15 per hour and incur an overhead rate equal to 80 percent of their direct labor charges. Based on this data, the appropriate total cost is 52,400 53,000 54,600 $5,400 A sales project at month 5 had an actual cost of $34,000, a planned cost of $42,000, and a value completed of $39,000. Find CPI 0.95 1.15 1.25 1.05 A project to develop a county park has an actual cost in month 17 of $350,000, a scheduled cost of $17,000, and a value completed of $20,000. Find the schedule variance. 3000 2500 3500 4000