Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

b QUESTION 3 (10 marks Your company has been awarded a contract to do the road markings of a road Groot Karoo. The distance that

b
image text in transcribed
QUESTION 3 (10 marks Your company has been awarded a contract to do the road markings of a road Groot Karoo. The distance that has to be marked is 210 kilometres and the est of the entire project is R441 000. The project has to be delivered within 35 work On day 24, 156km has been completed at a total cost of R335 400. YOU ARE REQUIRED TO: A. Determine the Planned Value on day 24; B. Determine the Earned Value on day 24; C. Determine and interpret the Schedule Variance (in Rand); D. Determine and interpret the Time Variance in (in days); E. Determine and interpret the Cost Variance (in Rand) PLEASE SHOW ALL CACULATIONS

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

More Books

Students also viewed these Accounting questions

Question

Provide signposts as organizational cues for your audience.

Answered: 1 week ago

Question

Explain how cultural differences affect business communication.

Answered: 1 week ago

Question

List and explain the goals of business communication.

Answered: 1 week ago