A contractor has agreed to build 10 dog houses in 20 days at a price of $800 perunit. 10 days later, the contractor has finished 6 dog houses with an actual totalcost of $5,200. What is the cost variance CV (CV = BCWP-ACWP)?$800C$400$-1,200$600

Here's how to calculate it: 1. Budget at Completion (BAC):BAC = Total number of dog houses * Price…

Answered: A contractor has agreed to build 10 dog…

Marketing

20th Edition

ISBN:9780357033791

Author:Pride, William M

Publisher:Pride, William M

Chapter19: Pricing Concepts

Section: Chapter Questions

Problem 6DRQ

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A contractor has agreed to build 10 dog houses in 20 days at a price of $800 per unit. 10 days later, the contractor has finished 6 dog houses with an actual total cost of $5,200. What is the cost variance CV (CV = BCWP-ACWP)? $800 C$400 $-1,200 $600