That index at the time of contract award was 124.5. at, Ask an Expert

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

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Accounting Basics, Accounting

Category:- Accounting Basics
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