Question: On a cost plus incentive fee contract, the target cost is 100,000, the target fee is 10,000, the sharing ratio is 60/40, the ceiling price

On a cost plus incentive fee contract, the target cost is 100,000, the target fee is 10,000, the sharing ratio is 60/40, the ceiling price is 120,000, and the final actual cost was 120,000. What is the final price paid by the buyer?

A. 110,000 B. 120,000 C. 122,000 D. 128,000

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