The target cost of a fixed price contract is $50,000. The price of the contract is targeted at $75,000 with a ceiling price of $100,000. The share ratio is 80/20. What is the Point of Total Assumption of this procurement? $100,000 $125,000 $81,250 $112,500
The target cost of a fixed price contract is $50,000. The price of the contract is targeted at $75,000 with a ceiling price of $100,000. The share ratio is 80/20. What is the Point of Total Assumption of this procurement? $100,000 $125,000 $81,250 $112,500
Chapter16: Working Capital Policy And Short-term Financing
Section: Chapter Questions
Problem 23P
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The target cost of a fixed price contract is $50,000. The price of the contract is targeted at $75,000 with a ceiling price of $100,000. The share ratio is 80/20. What is the Point of Total Assumption of this procurement?
$100,000 |
||
$125,000 |
||
$81,250 |
||
$112,500 |
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