Planned value (PV) is $111 Estimated time to completion is not unfavorable Estimated cost to completion ($000 omitted) is far more than $235 Estimated time to completion is 9.79 Cumulative actual value (AC) is more than $94 Schedule performance index (SPI) is less than 61% Estimated cost to completion variance, $000 omitted is less than $75 Estimated time to completion variance is less than 4.79 Cost performance index (CPI) is 72% Earned value (EV) is less than $68
Planned value (PV) is $111 Estimated time to completion is not unfavorable Estimated cost to completion ($000 omitted) is far more than $235 Estimated time to completion is 9.79 Cumulative actual value (AC) is more than $94 Schedule performance index (SPI) is less than 61% Estimated cost to completion variance, $000 omitted is less than $75 Estimated time to completion variance is less than 4.79 Cost performance index (CPI) is 72% Earned value (EV) is less than $68
Chapter8: Standard Costs And Variances
Section: Chapter Questions
Problem 13MC: When is the labor rate variance unfavorable? A. when the actual quantity used is greater than the...
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![Planned value (PV) is $111
Estimated time to completion is not unfavorable
Estimated cost to completion ($000 omitted) is far more than $235
Estimated time to completion is 9.79
Cumulative actual value (AC) is more than $94
Schedule performance index (SPI) is less than 61%
Estimated cost to completion variance, $000 omitted is less than $75
Estimated time to completion variance is less than 4.79
Cost performance index (CPI) is 72%
Earned value (EV) is less than $68](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F0b99457a-5d7e-4e9f-bfbd-f63bbdae6381%2F44a743ae-90e2-4b4d-bb9d-3f1d7f0e6582%2F2vla0h_processed.png&w=3840&q=75)
Transcribed Image Text:Planned value (PV) is $111
Estimated time to completion is not unfavorable
Estimated cost to completion ($000 omitted) is far more than $235
Estimated time to completion is 9.79
Cumulative actual value (AC) is more than $94
Schedule performance index (SPI) is less than 61%
Estimated cost to completion variance, $000 omitted is less than $75
Estimated time to completion variance is less than 4.79
Cost performance index (CPI) is 72%
Earned value (EV) is less than $68
![The following information is available. Select only correct answers.
Project planned duration,
months
Project budget, $000
omitted
Activity
Staffing
Blueprinting
Prototype Development
Full Design
Construction
Transfer
6
$170
Jan Feb Mar Apr May Jun comp
$9 $6
$7 $8
$5
$8
$4
$8
$6
95%
90%
65%
$10 55%
$30 45%
$10 35%](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F0b99457a-5d7e-4e9f-bfbd-f63bbdae6381%2F44a743ae-90e2-4b4d-bb9d-3f1d7f0e6582%2Ftxdh11b_processed.png&w=3840&q=75)
Transcribed Image Text:The following information is available. Select only correct answers.
Project planned duration,
months
Project budget, $000
omitted
Activity
Staffing
Blueprinting
Prototype Development
Full Design
Construction
Transfer
6
$170
Jan Feb Mar Apr May Jun comp
$9 $6
$7 $8
$5
$8
$4
$8
$6
95%
90%
65%
$10 55%
$30 45%
$10 35%
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