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Probiem ONE A contractor has agreed to build 30 units in 180 days at a price of 80,000 per unit. Forty days later, the contractor

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Probiem ONE A contractor has agreed to build 30 units in 180 days at a price of 80,000 per unit. Forty days later, the contractor has finished 8 units with an actual cost (including overhead and profit) of 68,000. Determine the status of the project by completing the following parameters and answering the following questions: Total planned budget Daily planned production Daily planned budget Project percent completion Budgeted Cost of Work Scheduled Budgeted Cost of Work Performed Actual Cost of Work Performed Cost Variance, dollars Schedule Variance, dollars Schedule Variance, days

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