Question: Problem 8 : Given an activity in an advertising project whose planned cost was $ 1 2 , 0 0 0 but actual cost to

Problem 8: 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?

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