A large research project was scheduled over the course of a 100-month period, and a budget of $250,000 was allotted for the course of the entire project. After 10 months, the project had spent $26,000. Was the project at this point over budget or under budget, and by how much?	Choose one: A) under, $4200 B) under, $1200 C) under, $700 D) over $1800 E) over $1000
cost per month = 250,000/100 = 2,500.   Now, multiply by seven months: 10*($2500) = $25,000. 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.   $25,000 â€“ #26,000= $1000   Answer = (over $1000)
<result>E</result>
A large research project was scheduled over the course of a 100-month period, and a budget of $250,000 was allotted for the course of the entire project. After 10 months, the project had spent $26,000. Was the project at this point over budget or under budget, and by how much?