A CCTV project for a company commenced on January 2018 and was expected to be...
90.2K
Verified Solution
Link Copied!
Question
Accounting
A CCTV project for a company commenced on January 2018 and was expected to be complete by December 2018. A review done in October 2018 revealed the following information.
Budgeted Cost for Work Scheduled 1,500,000
Budgeted Cost for Work Performed 1,400,000
Actual Cost for Work Performed 1,600,000
Budgeted Cost for Total Work 2,000,000
Additional Cost for Completion 1,200,000
Required;
Compute the Cost Variance (CV), Cost Performance Index (CPI) and the Estimated Cost Performance Index (ECPI) for the project.
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!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.