In a cost-plus contract with direct costs of $60,000, what is the total amount due the contractor if the project is completed 3 days early?

In a cost-plus contract, the contractor is typically reimbursed for the actual direct costs incurred during the project, plus an additional fee that is often based on a percentage of those costs or a fixed amount. In this case, with direct costs of $60,000, the total amount due to the contractor is calculated by adding the agreed-upon fee for profit.

If the project is completed three days early, this can sometimes lead to the contractor receiving additional incentives or bonuses. The amount of profit can vary, but commonly, contracts outline specific percentages that apply to the direct costs. The amount due would usually be the sum of the direct costs and the profit margin.

Assuming the profit percentage plus the base direct costs is structured such that total payments could range from well above $60,000 to potentially over $80,000, the range indicated in the correct choice aligns with typical profit structures found in cost-plus contracts. The likely profit ranging added to the direct costs leads to a total payment that corresponds accurately with the financial expectations set for cost-plus arrangements. Hence, the correct choice reflects a realistic total payment range after considering both direct costs and the profit margin applied.