Question: 3. In a Cost-Plus Incentive Fee contract, the target cost is $200,000 and the target fee is your CZE $1000. The seller and buyer agree

3. In a Cost-Plus Incentive Fee contract, the

3. In a Cost-Plus Incentive Fee contract, the target cost is $200,000 and the target fee is your CZE $1000. The seller and buyer agree to share the saving/loss with 70% to the buyer and 30% to the seller. Target cost = $200,000 Target fee = Your COD $1000 Calculate the final fee and final price if the project is over and a) the buyer has agreed that the costs are in fact $240,000. b) the buyer has agreed that the costs are in fact $170,000

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