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The seller delivers a fixed price plus incentive fee project at a cost of $90,000.

The seller delivers a fixed price plus incentive fee project at a cost of $90,000. The terms of the contract are a ceiling price of $120,000, a target cost of $ 100,000, a target profit of $10,000, and a target price of $110,000. The share ratio is 70/30. The final price (your total reimbursement) is _________.

A.

$93,000

B.

$96,000

C.

$97,000

D.

None of the above

PMI PMI-002 Summary

  • Vendor: PMI
  • Product: PMI-002
  • Update on: Jul 25, 2025
  • Questions: 748
Price: $52.5  $149.99
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