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You got a contract to produce 1000 widgets for the US government. Your initial budget indicated you would produce 200 widgets a week at a
You got a contract to produce 1000 widgets for the US government. Your initial budget indicated you would produce 200 widgets a week at a cost of $10/widget. You are required to use the Earned Value Method for progress reports. After 1 week you produced 250 widgets at an actual cost of $2300. What Cost Variance, Schedule Variance and Estimate at Completion will you report?
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