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Given the following FPIF contract information, determine the final contract price: Final Allowable Cost: $16,500,000 Target Cost Estimate: $15,500,000 Target Profit: $1,750,000 Overrun Share Ratio:

Given the following FPIF contract information, determine the final contract price:

Final Allowable Cost: $16,500,000

Target Cost Estimate: $15,500,000

Target Profit: $1,750,000

Overrun Share Ratio: 85/15

Underrun Share Ratio: 80/20

Ceiling Price: $17,825,000

a. $18,050,000

b. $17,100,000
c. $18,100,000
d. $17,825,000

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