Calculate a cost objective for direct material
This discussion focuses on methods or ways to calculate a cost objective for direct material, direct labor, other direct costs, indirect costs, facilities cost of money, and profit/fee. The first question is what are some of the current issues or problems with the process of making such calculations? The second question is how these calculations are used with regards to risk?
Use the readings and videos below to help guide your efforts.
Chapter 1-6, Business Risk Management: Models and Analysis, Anderson
Direct Link to book: https://ebookcentral-
http://ebookcentral.proquest.
Difference between direct and indirect costs for DOD located at: http://www.
Direct cost and indirect cost, a video example located at: https://www.youtube.com/
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Research in the library or the web as well to find material that could support your position.
Answer preview Calculate a cost objective for direct material
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