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alisha [4.7K]
3 years ago
8

A second method for determining the forecasted cost at completion assumes that, regardless of the efficiency rate the project or

work package has experienced in the past, the work to be performed on the remaining portion of the project or work package will be done according to budget. If the cumulative actual cost is greater than the cumulative earned value, then Group of answer choices the FCAC is greater than the TBC. the FCAC cannot be calculated with the values given. the FCAC is less than the TBC. additional information is needed to predict the FCAC.
Business
1 answer:
ElenaW [278]3 years ago
4 0

Answer:

Answer is the FCAC is greater than the TBC.

Refer below.

Explanation:

A second method for determining the forecasted cost at completion assumes that, regardless of the efficiency rate the project or work package has experienced in the past, the work to be performed on the remaining portion of the project or work package will be done according to budget. If the cumulative actual cost is greater than the cumulative earned value, then: FCAC is greater than the TBC.

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Answer:

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Answer: This chart demonstrates that the marginal cost initially decreases as production increases.

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