Question 12

from the seller's perspective. In Cost plus incentive fee contract, the target cost is estimated at $210,000, and the target fee is set at $25,000. The project is complete, and the buyer has agreed that the costs were, in fact, $200,000. Because the sellers costs came in lower than the estimated costs, the seller shares in the added cost: 80% to the buyer and 20% to the seller. Calculate the final price