What Is the Cost Variance of Project Makeready Based on the Data

question 107

Multiple Choice

What is the cost variance of Project Makeready based on the data in the earned value table shown below? $$\begin{array} { | l | l | l | l | l | l | l | l | l | l | } \hline \text { Activity } & 7 & 14 & 21 & 28 & 35 & 42 & 49 & \text { Plan } & \% / 1 \text { Complete } \\\hline \text { Install fixtures } & 325 & 250 & & & & & & 575 & 100 \% \\\hline \text { Refinish floors } & & 550 & 85 & & & & & 635 & 100 \% \\\hline \text { Replace doors } & & & 350 & 275 & & & & 625 & 100 \% \\\hline \text { Completetiling } & & & & 1,200 & 565 & & & 1,765 & 80 \% \\\hline \text { Install back door } & & & & & 875 & 225 & & 1,100&70 \% \\\hline \text { Landscaping } & & & & & & 200 & 350 & 550 & 25 \% \\\hline \text { Monthly Plan } & 325 & 800 & 435 & 1,475 & 1,440 & 425 & 350 & 5,250 & \\\hline \text { Monthly Act } & 550 & 550 & 550 & 1,100 & 1,650 & 550 & 1,100 & & \\\hline\end{array}$$

• A)-$1,896
• B)-$1,096
• C)-$800
• D)-$406

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Definitions:

Hypnotized

A state of altered consciousness characterized by increased suggestibility, relaxation, and focused attention.

Diathesis-Stress Model

A psychological theory that explains behavior as both a result of biological and genetic factors ("diathesis") and life experiences ("stress").

Conversion Disorder

A mental condition in which a person shows psychological stress in physical ways without a medical cause, previously known as hysteria.

Medical Reason

Justifiable cause based on health or physical condition that explains a particular decision, action, or outcome in a medical context.