A fixed-price-incentive-fee contract has the following characteristics Show your calculations No Type Formula Known Known Sum of (1) and (2) $185,000 Known Known Known Amount $160,000 $25,000 1 Target Cost 2 Fixed Fee 3 Target Price 4 Sharing Ratio 5 Price Ceiling 6Actual Cost 7 Incentive Fee 60/40 (40% contractor) $190,000 $183,000 8 Total Fee Paid 9Total Project Price