please solve this step by step and finally solutions values add in above given table....
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Accounting
please solve this step by step and finally solutions values add in above given table.
(15 Marks) 6) You are a contractor on a project whose total cost excluding profits was determined to be $525,000. You want a profit of $150,000. What should be the Contract Values for the contract types listed below? State your assumptions clearly for each contract type. Please submit your solution in a table format as shown below. Contract Type Contract Value Lump Sum ? Cost plus fixed fee Cost + $? Cost plus % of cost Cost + %? of the cost Guaranteed Max Price
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please solve this step by step and finally solutions values add in above given table.