Question on Cost Variance
You are managing a project with total budget of $ 36,000 to be finished in 1 year . You are in the end of 6th month and currently project is on schedule; however the actual cost of the project is $20,000. What is the cost variance in the project?
A. + $2000
B. - $2000
D. -$ 6,000
Can anyone solve this and provide explaination please.