Project B You are given the following data regarding the Earned Value results of a project. There are no approved change orders for this project. Calculate ETC, EAC and VAC. Budget $220,000 Duration 200 days Status 140 days EV $180,000 PV $180,000 AC $220,000 BAC? Assume that the same spend rate continues for the rest of the project.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
icon
Related questions
Question

Q. 2

 

Project B
You are given the following data
regarding the Earned Value results
of a project. There are no
approved change orders for this
project.
Calculate ETC, EAC and VAC.
Budget $220,000
Duration 200 days
Status 140 days
EV $180,000
PV $180,000
AC $220,000
BAC?
Assume that the same spend rate
continues for the rest of the
project.
1) ETC =
=
2) EAC =
3) VAC =
Transcribed Image Text:Project B You are given the following data regarding the Earned Value results of a project. There are no approved change orders for this project. Calculate ETC, EAC and VAC. Budget $220,000 Duration 200 days Status 140 days EV $180,000 PV $180,000 AC $220,000 BAC? Assume that the same spend rate continues for the rest of the project. 1) ETC = = 2) EAC = 3) VAC =
Expert Solution
steps

Step by step

Solved in 4 steps

Blurred answer
Knowledge Booster
Risk Analysis
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.
Recommended textbooks for you
FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
Accounting
ISBN:
9781259964947
Author:
Libby
Publisher:
MCG
Accounting
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Horngren's Cost Accounting: A Managerial Emphasis…
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
Intermediate Accounting
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
Financial and Managerial Accounting
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education