Question: Given an activity in a smartphone design project whose planned cost was $13,000 but actual cost to date is $12,000 so far, and whose value

Given an activity in a smartphone design project whose planned cost

Given an activity in a smartphone design project whose planned cost was $13,000 but actual cost to date is $12,000 so far, and whose value completed is only 80%, calculate the cost and schedule variances. Will the client be pleased or angry? AC = $12,000 EV = $13,000 (.80) = $10,400 PV = $13,000 Cost variance (CV) = EV AC = Schedule variance (SV) = EV - PV =

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Given an activity in a smartphone design project whose planned cost was $13,000 but actual cost to date is $12,000 so far, and whose value completed is only 80%, calculate the cost and schedule...

Problem: Given an activity in an advertising project whose planned cost was $20,000 but actual cost to date is $22,000 so far and the value completed is only 80 percent, calculate the cost and...

Activity PV (in $) EV (in $) AC A 9,200 10,000 9,700 B 23,000 20,000 18,000 C 12,000 13,000 11,000 D 8,000 10,000 12,000 E 10,000 12,000 13,000 F 7,000 9,000 10,000 G 8,000 9,000 10,000 Given an...

Given an activity in an advertising project whose planned cost was $12,000 but actual cost to date is $10,000 so far and the value completed is only 70 percent, calculate the cost and schedule...

7. Given an activity in an advertising project whose planned cost was $12,000 but actual cost to date is $10,000 so far and the value completed is only 70 percent, calculate the cost and schedule...

Given an activity in an advertising project whose planned cost was $12,000 but actual cost to date is $10,000 so far and the value completed is only 70 percent, calculate the cost and schedule...

Problem 8 : Given an activity in an advertising project whose planned cost was $ 1 2 , 0 0 0 but actual cost to date is $ 1 0 , 0 0 0 so far, and the value completed is only 7 0 percent. Calculate...

This assignment does not have a decision for you to make. You must perform an earned value analysis (EVA) of two project phases and assess their performance based on the EVA results. After completing...

CP3 Start Data Directions For CP3 you will set your CP2 project and document deliverable aside and start fresh. Your task is to use this document and the data provided to create a project file using...

At December 31, 2010, Eastern Corporation reported the stockholders equity accounts shown here (with dollar amounts in millions, except per share amounts). Common stock $1.50 par value per share,...

Windsor Healthcare, Inc., a manufacturer of custom-designed home health-care equipment, has been in business for 15 years. Last year, in an effort to better control the costs of their products, the...

QUESTION 2 3 points Private equity firms have typically been compensated according to the following "formula": a . 2 % of invested capital b . 5 and 1 c . 2 and 2 0 d . None of the above

last two options for the multiple choice are : performance management development A construction equipment manufacturer, Roswell Corporation, is focusing on becoming a leader in sustainability in...

3-18 What are the main factors that mediate the relationship between information technology and organizations, and that managers need to take into account when developing new information systems?...

1. What ethical, social, and political issues are raised by information systems?

3-15 Will Barnes & Nobles new strategy be successful? Explain your answer. Borders Group (including many former Waldenbooks rebranded as Borders Express) liquidated its assets and closed all of its...