Question: For a Fixed Price Incentive Fee ( FPIF ) contract, if the target price is $ 3 0 0 , 0 0 0 , the

For a Fixed Price Incentive Fee (FPIF) contract, if the target price is $300,000, the seller's cost is $250,000, and the sharing ratio of savings is 80/20, what is the fee earned by the seller if the actual cost is $240,000?

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