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Software Associates (SA) is a computer software consulting firm that specializes in designing and implementing integrated marketing database warehousing programs. Humboldt Catalogue is a client.
Software Associates (SA) is a computer software consulting firm that specializes in designing and implementing integrated marketing database warehousing programs. Humboldt Catalogue is a client. In preparing its bid for Humboldt, SA estimates its total labor cost for this project to be 222,500, broken down as follows: Partner Associate Senior analyst Analyst Programmer Total Budgeted Hours 100 300 600 1,000 3,000 Budgeted Wage 175 120 90 40 25 Budgeted Cost 17,500 36,000 54,000 40,000 75,000 222,500 After the completion of the Humboldt contract, the following data are reported: Actual Hours Partner Associate Senior analyst Analyst Programmer Total 90 280 750 1,400 3,600 Actual Cost 15,750 35,000 63,750 49,000 82,800 246,300 a. Prepare a performance report (variance analysis) for the Humboldt Catalogue project b. Analyze the variances and provide a plausible explanation for SA's performance on the Humboldt project
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