What are the schedule and cost variances and indices

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A given activity was budgeted to cost $35,000 and consume 10 days. One crew is assigned to the task at a budget of $3500 per day. After 3 days the job is determined to be 40 percent complete. To date, $15,500 has been paid out on the activity. What are the schedule and cost variances and indices? Provide a summary of the status of the activity.

Reference no: EM131041436

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