A large research project was scheduled over the course of a 30-month period, and a budget of $90,000 was allotted for the course of the entire project. After seven months, the project had spent $20,000. Was the project at this point over budget or under budget, and by how much?  Answers
A) under, $4200  B) under, $1200  C) under, $1000  D) over $1800  E) over $5800
cost per month = 90,000/30 = 3,000.   Now, multiply by seven months: 7*($3000) = $21,000. That would be the budgeted amount, the amount theoretically supplied to the project. The real amount spent is less than this, so it is under budget.   $21,000 â€“ #20,000 = $1000   Answer = (under, $1000)
<result>C</result>
A large research project was scheduled over the course of a 30-month period, and a budget of $90,000 was allotted for the course of the entire project. After seven months, the project had spent $20,000. Was the project at this point over budget or under budget, and by how much?