Planned value (PV) is $111 Estimated time to completion is not unfavorable Estimated cost to completion ($000 omitted) is far more than $235 Estimated time to completion is 9.79 Cumulative actual value (AC) is more than $94 Schedule performance index (SPI) is less than 61% Estimated cost to completion variance, $000 omitted is less than $75 Estimated time to completion variance is less than 4.79 Cost performance index (CPI) is 72% Earned value (EV) is less than $68

Planned value (PV) is $111 Estimated time to completion is not unfavorable Estimated cost to completion ($000 omitted) is far more than $235 Estimated time to completion is 9.79 Cumulative actual value (AC) is more than $94 Schedule performance index (SPI) is less than 61% Estimated cost to completion variance, $000 omitted is less than $75 Estimated time to completion variance is less than 4.79 Cost performance index (CPI) is 72% Earned value (EV) is less than $68

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter8: Standard Costs And Variances

Section: Chapter Questions

Problem 7MC: When is the material price variance unfavorable? A. when the actual quantity used is greater than...

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