Question
Q1) Please answer for the below: A) A fixed-price-plus-incentive-fee (FPI) contract has a target cost of $150,000, a target profit of $30,000, a target price
Q1) Please answer for the below:
A) A fixed-price-plus-incentive-fee (FPI) contract has a target cost of $150,000, a target profit of $30,000, a target price of $180,000, a ceiling price of $200,000, and a share ratio of 60/40. The actual cost of the project was $210,000. Calculate the final fee and the final price.
B) A fixed-price-plus-incentive-fee (FPI) contract has a target cost of $9,000,000, a target profit of $850,000, a ceiling price of $12,500,000, and a share ratio of 70/30. The actual cost of the project was $8,000,000. Calculate the final fee and the final price.
C) A Cost-plus-incentive-fee (CPIF) contract has a estimated cost of $210,000, a fee of $25,000, and a share ratio of 80/20. The actual cost of the project was $200,000. Calculate the final fee and the final price.
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