Question: do all parts amd provide explanation which is important Fixed Price Incentive Fee Calculation Try this one. For this exercise, you are again the seller

do all parts amd provide explanation which is

do all parts amd provide explanation which is important

Fixed Price Incentive Fee Calculation Try this one. For this exercise, you are again the seller in the procurement. In this fixed price incentive fee contract, the target cost is $9,000,000, and the target fee is $850,000. The project is done, and the buyer has agreed that the costs were, in fact, $8,000,000. Because the seller's costs came in lower than the estimated costs, the seller shares in the savings: 70 percent to the buyer and 30 percent to the seller. Calculate the final fee and final price $9,000,000 $850,000 $9,850,000 49 Target cost Target fee Target price Sharing ratio Ceiling price Actual cost 70/30 $12,500,000 $8,000,000 Final Fee Final Price

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