Andrew is manager of the HYG project for the HYG organization. This company relies on earned value management, and management has asked Andrew to create a report detailing how much more the project is likely to need to reach its conclusion. Andrew reviews the project, which has an assigned budget of $775,000, of which he has already spent $225,000. He has currently 25 percent through the project, though his schedule calls for him to be 35 percent complete. Given this information, what will Andrew provide as an estimate to complete his project?

Jordan, inc. sells fireworks. the company’s marketing director developed the following cost of goods sold budget for april, may, june, and july. april may june july budgeted cost of goods sold $62,000 $72,000 $82,000 $88,000 jordan had a beginning inventory balance of $3,000 on april 1 and a beginning balance in accounts payable of $14,600. the company desires to maintain an ending inventory balance equal to 15 percent of the next period’s cost of goods sold. jordan makes all purchases on account. the company pays 65 percent of accounts payable in the month of purchase and the remaining 35 percent in the month following purchase. required prepare an inventory purchases budget for april, may, and june. determine the amount of ending inventory jordan will report on the end-of-quarter pro forma balance sheet. prepare a schedule of cash payments for inventory for april, may, and june. determine the balance in accounts payable jordan will report on the end-of-quarter pro forma balance sheet.