1. Project Highway is to produce 200 construction signs and is scheduled to take five weeks. Each unit is planned to cost $95. The project is severely cost constrained. Performance data for the project at the end of week three is presented below: 120 total units were planned to be produced 130 units have actually been produced The financial manager reported that the business had actually spent $13,000 on the project by the end of week three. Is the project ahead or behind schedule?
   1. Ahead of schedule Variance (SV) is plus 950.
   2. Behind schedule, the Schedule Variance (SV) is plus 950
   3. Ahead of schedule, the Schedule Variance (SV) is plus 750.
   4. Behind schedule, the Schedule Variance (SV) is plus 750.