Question: Consider a project that involves developing five similar prototypes over ten weeks ( one prototype every two weeks ) for a total budgeted cost of

Consider a project that involves developing five similar prototypes over ten weeks (one prototype every two weeks) for a total budgeted cost of $20,000. The budget is $4,000 per prototype. At the end of week 5, you determine that $10,000 has actually been spent and three prototypes are completed.

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