Assume that your company is working under a fixed-price-incentive contract. It has a target cost of $100,000, a target profit of 10%, a price ceiling of $120,000, and a share formula of 80/20. Assume that your company completes all of the work but has actual
costs of $110,000. What is the final value of this procurement?
costs of $110,000. What is the final value of this procurement?
A. $120,000
B. $132,000
C. $118,000
D. $110,000
$120,000
B. $132,000
C. $118,000
D. $110,000