Calculate the forecasted cost at completion if the total budgeted cost is R150 000, the cumulative actual cost is R100 000, and the cumulative earned value is R120 000.
A)FCAC = R70 000
B)FCAC = R170 000
C)FCAC = R130 000
D)FCAC = R370 000

Question

Quizplus · Accepted Answer

The formula for Forecasted Cost at Completion (FCAC) is: 
FCAC = BAC - Cumulative Earned Value (CEV) + Cumulative Actual Cost (CAC)

Substituting the given values: 
FCAC = R150 000 - R120 000 + R100 000 
FCAC = R130 000

Therefore, the answer is C.

Calculate the Forecasted Cost at Completion If the Total Budgeted