The project budget is set at $150,000. The project duration is planned to be one year. At the completion of Week 16 of the project, the following information is collected:

Actual cost = $50,000

Plan cost = $45,000

Earned value = $40,000

What is the cost performance index?

A.
0.80

B.
0.89

C.
1.13

D.
1.25