Contract question (CPPC)
Submitted by Latunde on Sat, 04/26/2014 - 10:16
Forums:
A cost plus percentage cost contract has a estimated cost of $120,000 with an agreed profit of 10% of the cost. The actual cost of the project is $130,000. What is the total reimbursement to the seller?
A) $143,000
B) $142,000
c) $140,000
d) $132,000
