Lavrel has undertaken to maintain a customer's fleet of forklift trucks until the end of the contract. After the rise in spare-part prices, performing the contract would cost it 360,000 (cost of fulfilling calculated in accordance with the standard, case data) and bring it 210,000. The contract allows Lavrel to exit by paying a penalty of 135,000. Compute the onerous contract provision.
- Cost of fulfilling the contract
- 360,000
- Economic benefits expected under the contract
- 210,000
- Exit penalty
- 135,000