The following bar chart shows the activities to complete a project in 6 months (each column represents 1 month). The total project cost is $1,480.
After 3 months, Activities A, B, C, E, and half of F are completed, for a cost of $490. What is the status of the project in terms of the budget (over or under) and the schedule (ahead or behind)? (Give each answer in terms of a percent variance.)
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