The following eight activities constitute an overall bar chart portrayal of a 4-month pr...

The following eight activities constitute an overall bar chart portrayal of a 4-month project. After 1.5 months, Activities A, B,D, and half of E were completed, for a cost of $8,000. For this project, using earned value concepts, determine the schedule variance and the cost variance. State if the project is over or under budget and if it is ahead of or behind schedule.