Your program has a research and development project scheduled to start in January 2004 which is expected to take 40 months to complete. The project is expected to cost a total of $150 million (then-year dollars), with cost expected to be incurred as follows:

Question

FY Cost to be incurred
FY04 $ 20 million
FY05 $ 48 million
FY06 $ 50 million
FY07 $ 32 million
What is the correct amount to include in your budget request for FY04 and FY05 for this project?
$ 48M for FY04 and $ 50M for FY05
$150M for FY04 and $ 0M for FY05
$ 20M for FY04 and $ 48M for FY05
$ 20M for FY04 and $130M for FY05

Answer 1

$ 20M for FY04 and $ 48M for FY05

Answer 2

$20M for fy04 and $50M for FY05

Answer 3

$20M for FY14 and $48M for FY15

Answer 4

$20M for FY04 and $48M for FY05