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Calculate the organization's total cost for the following scenario: The organization has signed a cost-plus-incentive-fee contract. The sharing formula is 90/10 (90 percent by buyer).
Calculate the organization's total cost for the following scenario: The organization has signed a cost-plus-incentive-fee contract. The sharing formula is 90/10 (90 percent by buyer). The seller estimate of allowable expenses is $150,000. The target fee is set at $10,000. The maximum fee is $19,750. The minimum fee is $5,000. a. (15 points) Calculate the result if the project is completed by the seller at a cost of $146,000. b. (10 points) Calculate the result if the project is completed by the seller at a cost of $190,000
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