Question

A particular RFP from the U.S. Department of Energy requires a 20% cost share on Total Project

Costs (which include agency funds and the required cost share funds). The RFP also requires that 10% of the Total Project Costs be budgeted for technology transfer. If the 20% cost share funds total $100,000 then the amount to be budgeted for technology transfer is:
a. $10,000
b. $40,000
c. $50,000
d. $80,000

Answer 1

The amount to be budgeted for technology transfer is $50,000, calculated by determining 10% of the Total Project Costs, which are found by dividing the cost share funds by the cost share percentage.

Step-by-step explanation:

The amount to be budgeted for technology transfer when 20% cost share funds total $100,000 is $50,000.

Step-by-step explanation:
First, we need to calculate the Total Project Costs. If $100,000 represents the 20% cost share, then the Total Project Costs is $100,000 divided by 20%, which is $500,000. Next, we need to calculate 10% of the Total Project Costs for technology transfer. Therefore, 10% of $500,000 is $50,000, which is the amount to be budgeted for technology transfer.