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You're a subcontractor responsible for the renovation of a car dealer showroom. The estimated renovation cost [is $250 per square feet. The total showroom area
You're a subcontractor responsible for the renovation of a car dealer showroom.
The estimated renovation cost [is $250 per square feet. The total showroom area that needs to be renovated is 2,000 square feet.
Based on your past experience, you know your team can renovate 200 square feet per week.
After 4 weeks, you have 45% of the job complete and you have spent $250,000.
Determine the value of the Budget At Completion 0.
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