TOPIC: Need a solutions to this question in oliver 175

46. In a project, a Cost incentive contract has been awarded to a contractor with the following parameters: What is the Point of total assumption (PTA, Breakpoint) of the project?

Target cost:$1,000,000Target contractor fee:$100,000Cost benefit sharing ratio:80%/20%Price ceiling:$1,200,000
Options given as ans:
o $1,000,000
o $1,100,000
o $1,125,000
o $1,200,000

Gbolahan,

Since the question is from Oliver Lehmann: Did you ask him directly?

Not yet, you made a point there.
Let me ask him,sometimes you get carried away when you have strong confidence in your teacher.
Gbolahan.