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A car manufacturing company has been working on a project to increase the productivity of one of its machines. Testing of the improved machine was
A car manufacturing company has been working on a project to increase the productivity of one of its machines. Testing of the improved machine was scheduled to last for 100 working days and the me expected to complete processing of 7,000 units of a part during this period. The budget allocated for te machine was $150,000. During a performance review, which took place 15 working days after the testing 3 were initiated, it was found that 1,001 units of the work had already been processed and that the actual $18,500 a) What is the "budget at completion" for the testing? b) What is the cumulative ACWP of the testing? c) Calculate the cumulative BCWS of the testing d) Calculate the "earned value of the testinding e) Calculate the estimated cost for the remaining work f) Calculate the estimated total cost at completion A car manufacturing company has been working on a project to increase the productivity of one of its machines. Testing of the improved machine was scheduled to last for 100 working days and the me expected to complete processing of 7,000 units of a part during this period. The budget allocated for te machine was $150,000. During a performance review, which took place 15 working days after the testing 3 were initiated, it was found that 1,001 units of the work had already been processed and that the actual $18,500 a) What is the "budget at completion" for the testing? b) What is the cumulative ACWP of the testing? c) Calculate the cumulative BCWS of the testing d) Calculate the "earned value of the testinding e) Calculate the estimated cost for the remaining work f) Calculate the estimated total cost at completion
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