Cost plus and fixed price contracts to compute final price

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The correct terms used in cost plus and fixed price contracts to compute final price are:

Cost Reimbursable = Cost + Profit = Price; Fixed Price = Cost + Fee = Price

Cost Reimbursable = Cost + Profit = Price; Fixed Price = Cost + Profit = Price

Cost Reimbursable = Cost + Fee = Price; Fixed Price = Cost + Profit = Price

Cost Reimbursable = Cost + Fee = Price; Fixed Price = Cost + Fee = Price

Reference no: EM13805835

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