Question

Your project to obtain charitable donations is now 35 days into a planned 45-day project. The project is divided into 3 activities. The first activity is designed to solicit individual donations. It is scheduled to run for the first 27 days of the project and is expected to bring in 24,600. Even though we are 35 days into the project, we have only completed 90 percent of this activity. The second activity relates to company donations and is scheduled to run for 35 days starting on day 8 and extending through day 43. We estimate that we should have completed 77.14 percent of this activity, but it is actually only 57 percent complete. This part of the project was scheduled to bring in149,600 in donations. The final activity is for matching funds. This activity is scheduled to run for the last 10 days of the project and has not started yet. It is expected to bring in an additional 49,200. So far,175,400 has actually been brought in on the project. What is the total amount of donations expected to be received at the end of the project?

1) $198,200
2) $223,800
3) $248,400
4) $273,000

Answer 1

The total amount of donations expected to be received at the end of the project is $107,572.

Step-by-step explanation:

To find the total amount of donations expected to be received at the end of the project, we need to calculate the percentage completion for each activity and multiply it by the expected donations for that activity. Here's how:

1. The first activity is 90% complete, so we can calculate the expected donations as 90% of $24,600 = $22,140.
2. The second activity is 57% complete, so the expected donations can be calculated as 57% of $149,600 = $85,432.
3. The third activity has not started yet, so the expected donations for this activity are $0.

Adding up all the expected donations, we get $22,140 + $85,432 + $0 = $107,572.

So, the total amount of donations expected to be received at the end of the project is $107,572.