Clarita Contracting builds roads, tunnels, bridges, and other transportation infrastructure. The following are the budgeted costs...

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Clarita Contracting builds roads, tunnels, bridges, and other transportation infrastructure. The following are the budgeted costs and time (months) to a given stage of completion for a project to upgrade a bridge to current standards. The project was originally estimated to take 25 months to complete. Also presented are the actual results through the first 11 months of the project. Percentage Cost ($000) Months to Reach Complete Budget 0% 0 Actual 0 Budget Actual 0 0 4% 213 112 1 8% 471 266 7 1 12% 775 464 8 16% 1,125 706 9 20% 1,520 990 10 24% 1,961 1,317 11 28% 2,447 1,688 12 32% 2,979 2,102 13 36% 3,557 2,559 14 40% 4,180 3,059 14 44% 4,849 3,063 15 48% 5,563 4,189 16 10 52% 6,323 4,819 17 11 123445678901 56% 7,129 18 60% 7,980 18 64% 8,877 19 68% 9,819 20 72% 10,807 20 76% 11,841 21 80% 12,920 22 84% 14,045 22 88% 15,215 23 92% 16,431 24 96% 17,693 24 100% 19,000 25 Required: a. At this time, what is the current cost over- (under-) run on the project? Note: Enter your answer in dollars and not in thousands of dollars. b. At this time, by how far ahead or behind schedule is the project in terms of percentage of completion? a. Current cost b. Percentage of completion % Clarita Contracting builds roads, tunnels, bridges, and other transportation infrastructure. The following are the budgeted costs and time (months) to a given stage of completion for a project to upgrade a bridge to current standards. The project was originally estimated to take 25 months to complete. Also presented are the actual results through the first 11 months of the project. Percentage Cost ($000) Months to Reach Complete Budget 0% 0 Actual 0 Budget Actual 0 0 4% 213 112 1 8% 471 266 7 1 12% 775 464 8 16% 1,125 706 9 20% 1,520 990 10 24% 1,961 1,317 11 28% 2,447 1,688 12 32% 2,979 2,102 13 36% 3,557 2,559 14 40% 4,180 3,059 14 44% 4,849 3,063 15 48% 5,563 4,189 16 10 52% 6,323 4,819 17 11 123445678901 56% 7,129 18 60% 7,980 18 64% 8,877 19 68% 9,819 20 72% 10,807 20 76% 11,841 21 80% 12,920 22 84% 14,045 22 88% 15,215 23 92% 16,431 24 96% 17,693 24 100% 19,000 25 Required: a. At this time, what is the current cost over- (under-) run on the project? Note: Enter your answer in dollars and not in thousands of dollars. b. At this time, by how far ahead or behind schedule is the project in terms of percentage of completion? a. Current cost b. Percentage of completion %