You are a project manager working on a project that requires $100$ tables to be built in five weeks with an overall budget of $$10,000.$ You have just begun week three. To date, you have spent $$2,000$ with $40$ tables successfully built. Assuming that the production schedule and budget are evenly spread over the project duration, what is the status of the project?

$$ a$)$ The project is progressing at $200\%$ of the expected rate

$$ b$)$ The project is one week ahead of schedule

c$)$ The project is $$2000$ under budget.

$$ d$)$ The project is on budget.