What is the actual cost of work performed

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Problem 1: You are program manager (PM) who has just subcontracted Premium Floors, Inc. to lay out 100 meters of platinum flooring in 10 days at a cost of $100. Premium Floors, Inc, plans to lay out 10 meters of flooring every day for 10 days to meet their goal. At the end of Day 3, they report to you they've spent $8 on the effort every day thus far. What is the Actual Cost of Work performed (ACWP) at the end of Day 3?

Option 1: $42
Option 2: $54
Option 3: $24
Option 4: $34

Reference no: EM132835628

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