Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. 4 assuming the budget that car trace management as

4 Assuming the budget that Car Trace management assigned for the finance department project is...

70.2K

Verified Solution

Question

Accounting

image

4 Assuming the budget that Car Trace management assigned for the finance department project is R120,000. Presume the actual cost and earn value of the project are R90,000 and R100,000 respectively. Answer the following questions: (a) Calculate schedule variance and cost variance. (b) Calculate SPI and CPI. (c) How would you describe the performance of the project? Justify your answer. (d) Use the CPI to calculate estimate at completion for this project. Indicate how the project is performing

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students