1.We need to develop and install ten printers drivers within 10 weeks for a budget of 100.000$. We should finish 1 printer per week with cost of 10.000 for each printer. At week 5, we finished installing 4 printers with an actual cost of 47500 $ Calculate the performance for this project in terms of cost and time by calculate the following:   The budget cost of the work scheduled The budget cost of the work performed The actual cost of the work performed The cost variance The cost performance index

Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter9: Evaluating Variances From Standard Costs
Section: Chapter Questions
Problem 3E: Salisbury Bottle Company manufactures plastic two-liter bottles for the beverage industry. The cost...
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1.We need to develop and install ten printers drivers within 10 weeks for a budget of 100.000$. We should finish 1 printer per week with cost of 10.000 for each printer. At week 5, we finished installing 4 printers with an actual cost of 47500 $

Calculate the performance for this project in terms of cost and time by calculate the following:

 

The budget cost of the work scheduled

The budget cost of the work performed

The actual cost of the work performed

The cost variance

The cost performance index

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