Calculate the spending and schedule variances

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1. Find the schedule and cost variances for a project that has an actual cost at month 5 of $34,000, a scheduled cost of $42,000, and an earned value of $39,000.

2. Given a construction project whose planned cost was $12,000 but actual cost to date is $10,000 and the value completed is only 70%, calculate the spending and schedule variances.

Reference no: EM132192094

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