A large research project was scheduled over the course of a 30-month period, and a budget of $84,000 was allotted for the course of the entire project. After seven months, the project had spent $19,800. Was the project at this point over budget or under budget, and by how much? Choose the correct option
A) under, $4200
B) 0ver, $200
C) under, $700
D) over $1800
E) over $5800
cost per month = 84,000/30 = 2,800.   Now, multiply by seven months: 7*($2800) = $19,600. That would be the budgeted amount, the amount theoretically supplied to the project. The real amount spent is more than this, so it is over budget.   $19,600 â€“ #19,800 = -$200   Answer = (0ver, $200)
<result>B</result>
A large research project was scheduled over the course of a 30-month period, and a budget of $84,000 was allotted for the course of the entire project. After seven months, the project had spent $19,800. Was the project at this point over budget or under budget, and by how much?