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This week we will focus on cost objectives for direct material, direct labor, other direct costs, indirect costs, facilities cost of money, and profit/fee. What are some of the current issues or problems with the ways to make such calculations?
Use the reading and video below to help guide your efforts.
Difference between direct and indirect costs for DOD located at: http://www.businessnewsdaily.com/5498-direct-costs-indirect-costs.html
Direct cost and indirect cost, a video example located at: https://www.youtube.com/watch?v=iukNYpj8WFw
To be successful in this discussion thread, you must define and describe the concepts above and answer the question above to initiate discussion.
Research in the library, your textbook, or the web as well to find additional material if necessary.
Please find the rubric attached to determine how this forum will be graded.
Instructions: Your initial post should be at least 250 words. Please respond to at least 3 other students. Responses should be a minimum of 100 words and include direct questions.
Initial Post Due: Thursday, 11:55 p.m., ET Responses Due: Sunday, 11:55 p.m., ET