work Question 9 of 9 View Policies Current Attempt in Progress Jeff Heun president of Pronghorn Always, agrees to construct a concrete cart path at Dakota Golf Club Pronghorn Always enters into a contract with Dakotato construct the path for 5191.000. In addition, as part of the contract, a performance bonus of $48.000 will be paid based on the timing of completion. The performance bonus will be paid fully if completed by the agreed upon date. The performance bonus decreases by $12.000 per week for every week beyond the agreed upon completion date Jeff has been involved in a number of contracts that had performance bonuses as part of the agreement in the past. As a result, he is fairly confident that he will receive a good portion of the performance bonus Jeff estimates, given the constraints This schedule related to other jobs that there is 55% probability that he will complete the project on time, a 30% probability that he will be 1 week late. and a 15% probability that he will be 2 weeks late. Determine the transaction price that Pronghorn Always should compute for this agreement. Transaction Price $ e Textbook and Media Attempts: 0 of 3 used Sumut Anime Save for Later