Use the Earned Value Table to Determine the Estimated Cost

question 73

Multiple Choice

Use the earned value table to determine the estimated cost to completion given the indicated state of the project. $\begin{array}{|l|l|l|l|l|l|l|l|l|l|}\hline \text { Activity } & 5 & 10 & 15 & 20 & 25 & 30 & 35 & \text { Plan } & \% \text { Complete } \\\hline \text { A } & 850 & 350 & & & & & & 1,200 & 100 \% \\\hline \text { B } & & 400 & 125 & & & & & 525 & 100 \% \\\hline \text {C} & & & 1,275 & 650 & & & & 1,925 & 100 \% \\\hline \text {D} & & & & 2800 & 4,500 & 350 & & 7,650 & 95 \% \\\hline \text {E} & & & & & 680 & 400 & & 1,080 & 75 \% \\\hline \text {F} & & & & & & 125 & 875 & 1,000 & 80 \% \\\hline \text {G } & & & & & & 300 & 1200 & 1,500 & 45 \% \\\hline \text { Monthly Plan } & 850 & 750 & 1,400 & 3,450 & 5,180 & 1,175 & 2,075 & 14,880 & \\ \hline \text { Monthly Act } & 900 & 650 & 1,350 & 3,875&4,780 & 850 & 2,000 & & \\\hline\end{array}$

• A)$15,966
• B)$16,173
• C)$18,164
• D)$17,441

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Definitions:

Inventory

A complete list of items such as property, goods in stock, or the contents of a building.

Non-Cash Expenses

Expenses recorded on the income statement that do not involve an actual cash flow, such as depreciation and amortization.

Millions

A numeral representation indicating one thousand times one thousand, or 1,000,000.

Non-Cash Expenses

Expenses recorded on an income statement that do not involve a direct cash outflow, such as depreciation.