project mangment

Question 1 Consider the following Fixed Price Incentive Fee Contract agreement for a project: Cost estimate = $100,000 = $20,000 Fee = $120,000 $150,000 Target Price Maximum Price (fee reimbursement) Maximum Profit = $30,000 Cost sharing: CSR = 50/50 a. How much should the contractor be paid if the actual cost is $70,000? b. How much should the contractor be paid if the actual cost is $120,000? C. How much should the contractor be paid if the actual cost is $200,000? ABC