calculation of final contract pricea 400000 fixed


Calculation of Final Contract Price.

A $400,000 fixed price EPA contract contains a provision requiring an adjustment for 10% of the contract price based on changes in the index identified in the contract.  That index at the time of contract award was 124.5.  At the time of delivery the index was 132.0.  What is the final contract price?

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Financial Accounting: calculation of final contract pricea 400000 fixed
Reference No:- TGS0451236

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