2. The following bar chart shows the activities to complete a project in 6 months (each cell represents 1 month). The total project cost is $700. Month 1 Month 2 Month

3 Activity Cost $100 ABCDEFGHIKL $30 $40 $80 $20 $50 $70 $30 $200 $60 $20 Month 4 Month 5 Month 6 After 2 months, Activities A, B, half of C, and half of D are completed for $200. For this point in time (2 months after the start date). a. What are the values of the budgeted cost of work performed, the budgeted cost of work scheduled, and the actual cost of work performed? b. What is the status of the project in terms of budget (over or under) and the schedule (ahead or behind)? (Give each answer in terms of a percent variance).