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Calculate the Fee and the Final Price for the project

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Question - Given are the statistics for a Project. Target Cost = $150,000; Target Fee = $30,000; Target Price = $180,000; Sharing Ratio = 60/40; Ceiling Price = $200,000; Actual Cost = $190,000. Calculate the Fee and the Final Price for the project.

Fee = $30,000, Final Price = $190,000

Fee = $14,000, Final Price = $204,000

Fee = $14,000, Final Price = $200, 000

Fee = $30,000, Final Price = $180, 000

Reference no: EM132612200

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