Question
Youre a amazon reseller responsible for refurbishment of 1000 laptops. The estimated refurbishment cost is $50 per laptop. Based on your past experience, you know
Youre a amazon reseller responsible for refurbishment of 1000 laptops. The estimated refurbishment cost is $50 per laptop. Based on your past experience, you know your team can refurbish 100 laptops per week. After 4 weeks you have 45% of the job complete and you have spent $25,000.
Determine the value for each of the terms below.
Budget at completion
Planned Value
Earned Value
Actual Cost
Cost Variance
Schedule Variance
Cost Performance Index
Schedule Performance index
Estimate At Completion
Estimate To Complete
Variance at Completion
Step by Step Solution
There are 3 Steps involved in it
Step: 1
To determine the values for the terms provided well use the following formulas 1 Budget at Completion BAC Total planned cost for the project 2 Planned ...Get Instant Access to Expert-Tailored Solutions
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Step: 2
Step: 3
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Advanced Accounting
Authors: Gail Fayerman
1st Canadian Edition
9781118774113, 1118774116, 111803791X, 978-1118037911
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