at ient has as mance and
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
Please answer using excel.
Transcribed Image Text:An engineering company was awarded a project with an original budget of 250,000
hours, valued at $20,000,000.
The Client has asked the project to prepare an in-depth analysis of the project
performance and make a formal presentation.
Use the following data to prepare the reports and presentation as requested by the
Client.
Planned hours 110,786
Actual hours spent to date 123,241
% complete 34%
How many hours have the project earned?
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