For a Fixed Price Incentive Fee (FPIF) contract with the fol…
For a Fixed Price Incentive Fee (FPIF) contract with the following details: Negotiated Target Cost = $225,000 Target Fee (Profit) = $40,000 Ceiling Price = $300,000 Cost Sharing Ratio (CSR) = 60/40 What is the value of the Point of Total Assumption (PTA)?