What method should use to negotiate profit on a subsequent

Assignment Help Cost Accounting
Reference no: EM132609985

Question 1: In DoD contracting, for a contact that was competitively awarded, what method should you use to negotiate profit on a subsequent contract modification that requires certified cost or pricing data?

a. Ask the contractor for certified cost or pricing data.

b. A structured approach, i.e. the weighted guidelines should be used.

c. Use the average profit negotiated by your agency for similar products, but never exceed 10%.

d. Use the contractor's proposed profit rate if the contractor's past performance rate is satisfactory.

Reference no: EM132609985

Reviews

Write a Review

 

Cost Accounting Questions & Answers

  Why are these considered separate and distinct aspects

Why are these considered separate and distinct aspects of measuring labor cost

  Identify the type of lease involved for the lessee

Identify the type of lease involved for the lessee and the lessor, and give reasons for your classifications.

  What will be the effect of the discount

The company's actual sales are Rs6,000,000. If the company requires a return of 20% on investment, what will be the effect of the discount?

  How many security guards should the firm hire

a. If each security guard is paid $200 a week and the cost of a stolen radio is $25, how many security guards should the firm hire? b. If the cost of a stolen radio is 525, what is the most the firm would be willing to pay to hire the first security ..

  Looks at the effects of galerucella on purple loosestrife

looks at the effects of galerucella on purple loosestrife. you should formulate a hypothesis based on some of the

  The beginning balance of accounts receivable

The beginning balance of Accounts Receivable is $ 400,000 on April 1. Prepare a schedule of budgeted cash receipts for April, May, and June.

  Global co had the subsequent at the end of the

global co had the subsequent at the end of the year-department a department b plant totaldirect material cost 338000

  Calculate product cost and product margin for each product

Calculate the product cost and product margin for each product. What cost management method might be useful to BSI at this time, and why?

  How much was total variable cost and total fixed cost

For the two noted cost items, how much was total variable cost and total fixed cost

  Prepare an income statement for september

Prepare an income statement for September, an owner"s equity statement for September, and a balance sheet at September 30.

  Find total cost transferred to the finished goods inventory

Calculate total cost transferred to the finished goods inventory, also calculate the total cost of the ending Work in Process inventory

  Theory of interest- non-annual interest rates and

theory of interest- non-annual interest rates and annuitiesfind the annual effective rate of interest equivalent to a

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd