The air pollution project discussed in the chapter has progressed over the past several weeks, and it is now the end of week 8. Lester Harky would like to know the value of the work completed and the amount of any cost overruns or underruns for the project by developing a table like Table 5 on page 7 in the notes.The revised cost figures are shown in the following table
|
Activity
|
Total budgeted cost ($)
|
Percent of completion
|
Actual Cost
|
|
A
|
25800
|
100
|
30000
|
|
B
|
35650
|
100
|
35000
|
|
C
|
21300
|
100
|
24000
|
|
D
|
40000
|
80
|
31500
|
|
E
|
51800
|
65
|
34500
|
|
F
|
29800
|
40
|
16500
|
|
G
|
68470
|
10
|
8200
|
|
H
|
20300
|
2
|
1250
|
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