Assignment:
You must explain how to derive the labor rate and how that relates to the total company overhead. Give examples.
Objective: Use the library to research an article that addresses a topic of interest in this weeks learning objective.
Learning Objective related to the subject
Explain the relationship between labor rates and the business base
Course Description
This course provides an understanding of industry overhead costs and the costs' impact on seller pricing/business strategies under various acquisition environments with differing contract types. Attendees will understand the development and application of overhead rates used in contract formation, administration, and closeout. The course-integrating case study provides hands-on application of the overhead-rate process in which attendees determine their own final overhead rates. No prerequisite.