Question
- Given: a Cost Plus Incentive Fee (CPIF) project you are managing: - Target cost: $100,000 Actual cost: $80,000 Target fee: $20,000 Maximum fee: $25,000
- Given: a Cost Plus Incentive Fee (CPIF) project you are managing:
- Target cost: $100,000 Actual cost: $80,000 Target fee: $20,000 Maximum fee: $25,000 Minimum fee: $15,000 Sharing ratio: 60/40
How much fee would the contractor earn?
What should be the final price of the contract?
Step by Step Solution
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To calculate the fee the contractor would earn in a Cost Plus Incentive Fee CPIF project we need to ...
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Managerial Accounting
Authors: Ray Garrison, Eric Noreen, Peter Brewer
16th edition
1259307417, 978-1260153132, 1260153134, 978-1259307416
