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1. Consider a project that involves putting in floors similar houses over 25 weeks (one house every five weeks) for a total budgeted cost of

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1. Consider a project that involves putting in floors similar houses over 25 weeks (one house every five weeks) for a total budgeted cost of $60,000. The budget is $12,000 per house. At of the end of week 10, you determine that $20,000 has actually been spent and two houses have been painted completely. What is the earned value of the project? (2 Points) 2. If the cumulative earned value is $50 and the cumulative actual costs are $35, then the CPI is? (2 points) 3. Calculate the cost variance if the cumulative earned value is $75 and the cumulative actual costs are $80. (2 points)

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