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soldi70 [24.7K]
3 years ago
8

Calculate the forecasted cost at completion if the total budgeted cost is $15,000, the cumulative actual cost is $10,000, and th

e cumulative earned value is $12,000.
Business
1 answer:
Lapatulllka [165]3 years ago
4 0

Answer:

$13,000

Explanation:

The total budgeted cost is $15,000

The cumulative actual cost is $10,000

The cumulative earned value is $12,000

Therefore, the forecasted cost at completion can be calculated as follows

= Cumulative actual cost + ( Budgeted cost-Cumulative earned value)

= $10,000 + ($15,000-$12,000)

= $10,000 + $3,000

= $13,000

Hence the forecasted cost at completion is $13,000

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