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Calculations Using ETC, BAc, BCWP, EAC

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1) Provide and show all answers and step by step work to obtain answer not skipping any steps, show all equations, acronyms (ie ETC, ACWP, etc), and if applicable, a description of how came to the answer.

Problem:

Bob's ETC = 6000, BAc = 10,000, BCWP=4,800, EAC = 14,000. What has Bob spent to date?

Ans = 8000, but why, show steps to solve, etc as I asked.

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Solution Summary

The solution determines calculation using ETC, BAc, BCWP and EAC.

Solution Preview

ETC (Estimate to Complete) is the expected cost needed to complete the remaining steps in the project.
BCWP (Budgeted cost of work performed) or EV (earned ...

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