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Unformatted text preview: Problem 10-1 Your project to obtain charitable donations is now 30 days into a planned 40 day project. The project is divided into 3 activities. The first activity is designed to solicit individual donations. It is scheduled to run the first 25 days of the project and to bring in $24,100. Even though we are 30 days into the project, we still see that we have only 86% of this activity complete. The second activity relates to company donations and is scheduled to run for 30 days starting on day 5 and extending through day 35. We estimate that even though we should have (25/30) 81% of this activity complete, it is actually only 50% complete. This part of the project was scheduled to bring in $154,000 in donations. The final activity is for matching funds. This activity is scheduled to run the last 10 days of the project and has not started. It is scheduled to bring in an additional $46,000. So far $172,000 has actually been brought in on the project. Hint: Note that this problem is different since revenue rather than cost is the relevant measure. Use care in how the measures are interpreted....
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This note was uploaded on 03/22/2012 for the course BUSINESS 101 taught by Professor Blanco during the Spring '12 term at Texas A&M University, Corpus Christi.
- Spring '12