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Cook Contractors is a general construction company with a wide variety of projects. Budgeted and actual (to date) results (in thousands of dollars) for a

Cook Contractors is a general construction company with a wide variety of projects. Budgeted and actual (to date) results (in thousands of dollars) for a building project follow.

Budget Actual
Month Cost %Complete Cost %Complete
0 $ 0 0.0 % $ 0 0.0 %
1 $ 820 2.8 % $ 1,010 2.5 %
2 $ 1,640 5.6 % $ 1,720 5.5 %
3 $ 2,460 8.4 % $ 2,390 7.2 %
4 $ 3,280 11.2 % $ 3,300 10.9 %
5 $ 4,100 14.0 % $ 4,150 13.5 %
6 $ 4,920 16.8 % $ 5,050 17.0 %
7 $ 5,740 19.6 % $ 5,800 19.5 %
8 $ 6,560 22.4 % $ 6,640 21.8 %
9 $ 7,380 25.2 % $ 7,870 23.5 %
10 $ 8,200 28.0 % $ 8,410 24.9 %
11 $ 9,020 30.8 % $ 9,390 25.0 %
12 $ 9,840 33.6 % $ 10,010 28.0 %
13 $ 10,660 36.4 %
14 $ 11,480 39.2 %
15 $ 12,300 42.0 %
16 $ 13,120 45.2 %
17 $ 13,940 48.4 %
18 $ 14,760 51.6 %
19 $ 15,580 54.8 %
20 $ 16,400 58.0 %
21 $ 17,220 61.2 %
22 $ 18,040 64.4 %
23 $ 18,860 67.6 %
24 $ 19,680 70.8 %
25 $ 20,500 74.0 %
26 $ 21,320 79.2 %
27 $ 22,140 84.4 %
28 $ 22,960 89.6 %
29 $ 23,780 94.8 %
30 $ 24,600 100.0 %

Required:

a. At this time, what is the current cost over (under) run on the project? (Enter your answer in dollars and not in thousands of dollars.)

b. At this time, by how far ahead or behind schedule is the project in terms of percentage of completion? (Round your answer to 1 decimal place.)

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