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Asked: 2024-06-06T11:09:46-04:00 In:

If earned value (EV) = 350, actual cost (AC) = 400, and planned value (PV) = 325, what is the cost variance?

Anonymous

If earned value (EV) = 350, actual cost (AC) = 400, and planned value (PV) = 325, what is the cost variance? A. 350 B. -75 C. 400 D. -50




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    1 Answer

    1. Anonymous

      CV=EV−AC

      Given:

      • Earned Value (EV) = 350
      • Actual Cost (AC) = 400

      Plugging in the values:

      CV=350−400=−50\text{CV} = 350 – 400 = -50

      So, the cost variance is:

      D. -50