Question

ate the earned value for the project. All amounts are in Ise the data to caleulate e housands of dollars, ( uration weeka 10 15 ptual Design anaplos וי roductionn otal 10 10 18 umulative B) $100,000 C) $43,250 100 A) $38,850 D) $54,750

Answer 1

Earned Value of the project can be computed by the following formula

%age completion of the project X the cost of completion

In the given case the Earned value can be computed as folllows

Activity	%completed	Cost to complete $	Earned value $ % completed X cost to complete
Conceptual Design	100%	(10,000+6000)=16,000	16,000
Graphics Design	75%	(12+6+4)*1000=22,000	16,500
Copyright	5%	(4+5+6)*1000=15,000	750
Samples	25%	(4+2)*1000=6,000	1500
Tooling	10%	(6+9+4)*1000=19,000	1900
Production	10%	(2+6+14)*1000=22,000	2200
Total			38850

So, the answer is A)38,850