Cost
Submitted by MuhammadKhan74 on Tue, 08/07/2012 - 15:44
Forums:
Can someone explain the following question please:
A fixed-price-plus-incentive-fee (FPI. contract has a target cost of $130,000, a target profit of $15,000, a target price of $145,000, a ceiling price of $160,000, and a share ratio of 80/20. The actual cost of the project was $150,000. How much profit does the seller make?
