Question: Practice Question: 5 Your organization has signed a cost plus incentive fee contract with a seller. The cost of the contract is 100,000 USD and
Practice Question: 5
Your organization has signed a cost plus incentive fee contract with a seller. The cost of the
contract is 100,000 USD and the target profit is 10% of the target cost. The sellers share ratio is
25% and has spent 90,000 USD to complete the task.
Calculate the profit and actual price paid to the seller.
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