Using the same data from Problem 23, and the same contract type, how much will the contractor

Question:

Using the same data from Problem 23, and the same contract type, how much will the contractor be reimbursed if the cost of performing the work is $105,000?

Data from problem 23

An FPIF contract has the following characteristics:
Sharing ratio: 70/30
Target cost: $100,000
Target fee: $8,000
Price ceiling: $110,000

A. $105,000
B. $106,500
C. $110,000
D. $111,500

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Project Management A Systems Approach To Planning Scheduling And Controlling

ISBN: 9781119805373

13th Edition

Authors: Harold Kerzner

See More Books

Question Posted: Sep 27, 2023 08:02 AM

See More Questions

Using the same data from Problem 23, and the same contract type, how much will the contractor be reimbursed if the cost of performing the work is $102,000? Data from problem 23 An FPIF contract has...
Using the same data from Problem 20, and the same contract type, how much will the contractor be reimbursed if the cost of performing the work is $85,000? Data from problem 20 A...
Using the same data from Problem 20, and the same contract type, how much will the contractor be reimbursed if the cost of performing the work is $120,000? Data from problem 20 A...
Use the information in Figure to answer the following questions: a. What is the six-month forward rate for the Japanese yen in yen per U.S. dollar? Is the yen selling at a premium or a discount?...
Turks sells miniature digital cameras for $400 each. 900 units were sold in May, and it forecasts 5% growth in unit sales each month. Determine (a) The number of camera sales and (b) The dollar...
Try using one of the techniques described at the end of this chapter to create images that represent things you have to do later today or during the coming week. Then, after some time passes...
Discuss the nature and implications of stock market efficiency.
Clooney Corporation issued 3,000 7%. 5-year, $1,000 bonds dated January 1, 2017, at face value. Interest is paid each January 1. (a) Prepare the journal entry to record the sale of these bonds on...
Mocha Company manufactures a single product by a continuous process involving three production departments. The records indicate that direct materials, direct labor, and applied factory overhead for...
James T. Adams was a partner at Deloitte a partner with a gambling issue. He ended up borrowing tens of thousands of dollars from a casino a casino that he was in charge of auditing. Does he face...
Which of the following is not part of the generally accepted view of quality today? A. Defects should be highlighted and brought to the surface. B. We can inspect quality. C. Improved quality saves...
A cost-plus-incentive-fee contract has the following characteristics: Sharing ratio: 80/20 Target cost: $100,000 Target fee: $12,000 Maximum fee: $14,000 Minimum fee: $9,000 How much will the...
What is the difference between non-business organizations and not-for-profit organizations?
What's your favourite way to promote and build interpersonalwellness? How do you nurture your relationships? How do you build friendships? How do you show your loved ones that you care? Share your...
What is the best way to summary this formation? IMC Communication Objectives Increase from 0% to 75% of Millennials in the Dallas-Fort Worth area, ages 22 - 34, with a four-year college degree,...
Branding is very important to marketing, that is while most businesses focus on brands that attract customer's interest. Store brand is unique to a particular store compared to national brand . A...
Do you think that your score accurately reflects your global mindset? Why or why not? What, if anything, is missing from the assessment? How do you think that having a higher global mindset will help...
Healthcare is an ever-changing industry that requires healthcare organizations to align with those changes or risk being left behind. With the advances being made in technology, every corner seems to...
Zell Company had sales of $1,800,000 and related cost of merchandise sold of $1,150,000 for its first year of operations ending December 31, 2019. Zell Company provides customers a refund for any...
Nate prepares slides for his microscope. In 1 day he prepared 12 different slides. Which equation best represents y, the total number of slides Nate prepares in x days if he continues at this rate? A...
In the multiproject environment, the drum becomes the anchor according to which new projects are released into the system. From the case studies, is the drum typically a resource used close to the...
As a resource manager, what information do you need from your resources daily or weekly in order to keep the Critical Chain database up to date?
If you were a project manager in your first Critical Chain project, how would you convince team members to pass their work on early to the next resource?
3. The nominal interest rate compounded monthly when your $7,000 becomes $11,700 in eight years is ________
An investor can design a risky portfolio based on two stocks, A and B. Stock A has an expected return of 21% and a standard deviation of return of 39%. Stock B has an expected return of 14% and a...
Advanced Small Business Certifica Drag and Drop the highlighted items into the correct boxes depending on whether they increase or decrease Alex's stock basis. Note your answers- you'll need them for...

Using the same data from Problem 23, and the same contract type, how much will the contractor

Question:

Step by Step Answer:

Project Management A Systems Approach To Planning Scheduling And Controlling

Students also viewed these Business questions