Question: On June 1 2 , 2 0 0 2 , Alpha Corporation was awarded a $ 1 6 0 , 0 0 0 contract for

On June 12,2002, Alpha Corporation was awarded a $160,000 contract for testing a product. The contract consisted of $143,000 for labor and materials, and the remaining $17,000 was profit. The contract had a scheduled start date of July 3. The network logic, as defined by the project manager by the customer resulted in the following project planning budget:

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