Counter Intelligence: Budget Busters

12 Tips for Creating a Personal Budget

Determine the total monthly budgeted cost formula.... | Filo

At zero direct labor hours in a flexible budget graph, the total budgeted cost line intersects the vertical axis at 30,000. At 10,000 direct labor hours, a horizontal line drawn from the total budgeted cost line intersects the vertical axis at 90,000. Fixed and variable costs may be expressed as: (a) 30,000 fixed plus 6 per direct labor hour variable. (b) 30,000 fixed plus 9 per direct labor hour variable. (c) 60,000 fixed plus 3 per direct labor hour variable. (d) 60,000 fixed plus 6

SOLVED: For a particular work package, the budgeted cost as of April 30 is 18,000. Suppose, as of April 30, the supervisor determines that only 80 percent of the scheduled work has been completed and the actual expense is 19,000. What is the BCWP? Compute SV, CV, SPI, and CPI for the work package. | Numerade