Question: Target Cost: $200,000 Target Fee: $24,000 Maximum Fee: $28,000 Minimum Fee: $18,000 Sharing Ratio: 70/30 How much will the seller be reimbursed if the cost

Target Cost: $200,000 Target Fee: $24,000 Maximum Fee: $28,000 Minimum Fee: $18,000 Sharing Ratio: 70/30 How much will the seller be reimbursed if the cost of performing the work is $190,000? (10 marks) What will be the reimbursement to the seller if the cost of performing the work is $240,000?

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