- Given: a Cost Plus Incentive Fee (CPIF) project you are managing: - Target cost: $100,000 Actual...

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- Given: a Cost Plus Incentive Fee (CPIF) project you are managing:

- Target cost: $100,000 Actual cost: $80,000 Target fee: $20,000 Maximum fee: $25,000 Minimum fee: $15,000 Sharing ratio: 60/40

How much fee would the contractor earn?

What should be the final price of the contract?

Related Book For answer-question

Managerial Accounting

ISBN: 978-1259307416

16th edition

Authors: Ray Garrison, Eric Noreen, Peter Brewer

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Posted Date: May 12, 2024 02:54 PM

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- Given: a Cost Plus Incentive Fee (CPIF) project you are managing: - Target cost: $100,000 Actual...

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Managerial Accounting

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