Evaluate the estimated cost at completion

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Reference no: EM1341075

Labor and Material Estimates

You are budgeted to spend $2,000,000 in burdened labor and $800,000 in material. At the end of the first month of your project, the following information is made available:

Labor:

•ACWP = $ 80,000.
•BCWP = $ 90,000.
•BAC = $2,000,000.

Material:

•ACWP = $ 500,000.
•BCWP = $ 350,000.
•BAC = $ 800,000.

Determine the estimated cost at completion for both Labor and Material.

Reference no: EM1341075

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