QUESTION 11 Johnson Construction entered into a fixed price contract with Growth Point, a property investment firm. The original value of the contract is R120 million. Due to the COVID 19 pandemic, the total cost of the construction at project completion is R130 million. Determine how much profit or loss Johnson Construction made in this project. Show all calculations. [1+4]. 250000000 QUESTION 12 GrowthPoint entered into a cost plus incentive contract with Easy Contractors (EC). The contract provides for a 50/50 sharing with Growth Point for any savings that EC would have made. The cost of the project is R50 million with a ceiling of R60 million. Show by calculations how much money will EC get if the total construction is R48 million. [5] w QUESTION 13 GrowthPoint entered into a cost plus incentive contract with Easy Contractors (EC). The contract provides for a 50/50 sharing with GrowthPoint for any savings that EC would have made. The cost of the project is R50 million with a ceiling of R60 million. Show by calculations how much money will EC get if the total construction is R65 million. [5] Click Save and Submit to save and submit. Click Save All Answers to save all answers