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Your program has an RDT&E-funded project scheduled to start in December 2015 which is expected to take 16 months to complete. The project is expected to cost a total of $16 million (then-year dollars), with cost expected to be incurred at a rate of $1 million per month. It has been determined that no contractor is willing to accept a contract for less than the entire 16 months of effort. What is the correct amount to include in your budget request for this project?

A. $16 million for FY 2016 and $0 million for FY 2017

B. $10 million for FY 2015 and $6 million for FY 2016

C. $10 million for FY 2016 and $6 million for FY 2017

D. $16 million for FY 2015 and $0 million for FY 2016

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92311609

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