Respuesta :
This project is currently Over budget and behind schedule.
What is AC?
The amount of money spent to purchase a good or asset is referred to as the actual cost in accounting. The actual cost is precisely what it sounds like. This price could represent a historical, recent, or current cost of the goods. You might be wondering what expenses there are outside the purchase price of an item.
Manufacturing products also fall under actual cost. The sum of all expenses incurred in order to construct or produce a product is its true manufacturing cost. Consider the final product of a production process as the actual cost.
An organization first begins planning the manufacturing and estimating costs. Second, the business budgets what it can afford and then adjusts production levels to stay within the budget. The actual costs will match the projected expenditures if everything goes as planned. Things might go wrong and budgets aren't always reached in the real world. The final cost is what it actually costs. It might exceed or fall short of the planned or budgeted cost.
Therefore, Given that the AC = 500, PV = 400, and EV = 300, this project is currently Over budget and behind schedule.
For more information on Different Costs, refer to the following link:
https://brainly.com/question/4953989
#SPJ4
