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A Company has received $20,000 to produce 100 units of Office tables in 100 days. After 50 days, only 40 units have been produced and

A Company has received $20,000 to produce 100 units of Office tables in 100 days. After 50 days, only 40 units have been produced and $4,500 has been expended. Using Earned Value analysis, determine if the project is (1) over budget or not. (2) On or behind schedule?

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