WBS Element 2.01 Airframe 2.02 Engines 2.03 Avionics 2.04 Communications 2.05 Tech. Manuals 2.06 Spares 2.07 Training Project Total Planned Value (PV) 48000 Show Transcribed Text 22000 80000 30000 42000 40000 80000 342000 Earned Value (EV) 48000 21000 60000 30000 42000 35000 80000 316000 a) The project is $18,000 behind schedule b) The project is $26,000 behind schedule. Actual Cost (AC) 50000 Oc) The project is 18 days behind schedule. 23000 d) The project is 18 days ahead of schedule. 45000 Figure 14.1 Drug Surveillance Aircraft Project - Monthly Performance Report as of (October 31, 20XX) 30000 48000 Consider the project performance report presented in figure 14.1. What valid conclusion can you draw regarding the project schedule performance as of October 31, 20XX? 42000 86000 324000
WBS Element 2.01 Airframe 2.02 Engines 2.03 Avionics 2.04 Communications 2.05 Tech. Manuals 2.06 Spares 2.07 Training Project Total Planned Value (PV) 48000 Show Transcribed Text 22000 80000 30000 42000 40000 80000 342000 Earned Value (EV) 48000 21000 60000 30000 42000 35000 80000 316000 a) The project is $18,000 behind schedule b) The project is $26,000 behind schedule. Actual Cost (AC) 50000 Oc) The project is 18 days behind schedule. 23000 d) The project is 18 days ahead of schedule. 45000 Figure 14.1 Drug Surveillance Aircraft Project - Monthly Performance Report as of (October 31, 20XX) 30000 48000 Consider the project performance report presented in figure 14.1. What valid conclusion can you draw regarding the project schedule performance as of October 31, 20XX? 42000 86000 324000
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
Oo.160.
Subject:- Account

Transcribed Image Text:WBS Element
2.01 Airframe
2.02 Engines
2.03 Avionics
2.04 Communications
2.05 Tech. Manuals
2.06 Spares
2.07 Training
Project Total
Planned Value
(PV)
48000
Show Transcribed Text
22000
80000
30000
42000
40000
80000
342000
Earned Value
(EV)
48000
21000
60000
30000
42000
35000
80000
316000
a) The project is $18,000 behind schedule
b) The project is $26,000 behind schedule.
Actual Cost
(AC)
50000
c) The project is 18 days behind schedule.
23000
d) The project is 18 days ahead of schedule.
45000
30000
Figure 14.1 Drug Surveillance Aircraft Project - Monthly Performance Report
as of (October 31, 20XX)
48000
42000
Consider the project performance report presented in figure 14.1. What valid
conclusion can you draw regarding the project schedule performance as of October
31, 20XX?
86000
324000
Expert Solution

This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 3 steps

Knowledge Booster
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


Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,

Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,


Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,

Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,

Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON

Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education

Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education