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2. Table 2 below displays actual costs through period 6 for the same project. Please show all work for each question. TABLE 2 Week
2. Table 2 below displays actual costs through period 6 for the same project. Please show all work for each question. TABLE 2 Week 1 2 3 4 5 6 Task 1 $ 10,000 $16,000 $ 8,000 Task2 Task 3 $ 10,000 $ 10,000 $ 12,000 $ 24,000 $ 12,000 $ 5,000 $ 5,000 Task 4 || a. What is the cumulative actual cost at the end of week 6? b. Determine if there is a cost overrun or underrun (i.e., actual costs diverging from budgeted costs), and if so, describe which task(s) is/are causing it. 2. Table 2 below displays actual costs through period 6 for the same project. Please show all work for each question. TABLE 2 Week 1 2 3 4 5 6 Task 1 $ 10,000 $16,000 $ 8,000 Task2 Task 3 $ 10,000 $ 10,000 $ 12,000 $ 24,000 $ 12,000 $ 5,000 $ 5,000 Task 4 || a. What is the cumulative actual cost at the end of week 6? b. Determine if there is a cost overrun or underrun (i.e., actual costs diverging from budgeted costs), and if so, describe which task(s) is/are causing it.
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