Question: 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

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 variances. Will the client be pleased or angry? Explain. Show work and Answers on an Excel spreadsheet.

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 Finance Questions!

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...

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...

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...

Assignment 5:Project Monitoring 7(p. 466):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...

Consider an activity in an advertising project whose planned cost was $12,000 but actual cost to date is $10,000 so far and value completed is only 70%; the activity was supposed to be finished by...

iven an activity in a medical device development project whose planned cost was 2 1 2 , 0 0 0 but actual cost to date is 1 1 0 , 0 0 0 so far. The activity is 7 0 % completed thus far. Calculate the...

MULTIPLE CHOICE 1 Using the recurrence relation t0 = 8, tn+1 = tn + 9, the sixth term would be: A 2 15 B 17 C 23 D 53 E 62 A canoe costs $40 to hire for the first day and $30 for each extra day. If...

Jasper Manufacturing is starting a new project which will require the acquisition of new fixed assets costing $127,000. The assets will have a 5-year life after which time they will be worthless. The...

Ronald is a cash method taxpayer who made the following expenditures this year. Which expenditure is completely deductible in this period as a business expense? A) $4,000 for rent on his office that...

The U . S first became a net exporter of ethanol in the 1 9 8 0 s . Group of answer choices True False

A company issues 1,050 shares of its common stock for $33,600 cash. Prepare journal entries to record this event under each of the following separate situations.