Q$.6$ The project in the table below is behind schedule and over budget $($costs in dollars$)$:

a$)$ Calculate the variances and performance indices at $\backslash (100\backslash \%\backslash )$ of the project completion.

b$)$ Calculate the estimated budget at completion $($EAC$)$ to finalize this project. Consider cost estimated to completion $($ETC$)$ to equal $\backslash (\backslash$$ $1600\backslash ).$ What is the additional cost to be reported to the management?