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It's the end of month 4 of your 6 month project and your performance cost reports have arrived

Accounting Apr 07, 2022

It's the end of month 4 of your 6 month project and your performance cost reports have arrived. 

So far, your plan is to have $500,000 worth of work to be completed. 

Your project team actually accomplished $600,000 worth of work. 

Total expenditures for the completed work is $650,000.

 

What is the earned value, actual cost, and planned value?

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