Search for question
Question

)Using a spreadsheet method discussed in Chapter 4, determine the total estimated cost at completion and the variance for the task if the original budget for concrete for sidewalks is $9,800 and no changes have been made. The contractor has spent$7,425 for the concrete so far, and estimates that $1,950 of concrete will be needed to complete the task. Assume no committed costs. Don't worry about the job code.What does the variance indicate? (20 points)

Fig: 1