BUS 315: CHAPTER 4
When to Use Cost Principles and Procedures
Whenever you must use cost analysis.
When you are negotiating a fixed-price contract with a single source.
Any time you do not have enough reliable price information to determine what a prope
DIRECT MATERIAL COSTS
The cost of significant materials that are used in the manufacture of a
product or that are used up in providing a service.
Examples are items of significant value, such as raw materials, parts, and assemblies.
ESTIMATING DIRECT MATE
BUS315013GA050-1146-001 Cost And Price Analysis
Quiz 1 Chapters 1 - 3
5 out of 5 points
The contracting officer has broad discretion in determining price reasonableness when acquisitions
are below the simplified acquisition threshold, w
BUS322053GA050-1146-001 Organizational Behavior
out of 3 points 3
At what stage of group development does the leader need to adopt a coaching style due to team
BUS 315 : CHAPTER 6
Analyzing Direct Labor Costs
T h e g o v e r n m e n t p l a c e s m a n y c o n t r a c t s f o r p h y s i c a l p ro d u c t s ; t h e FA R
c a l l s t h e s e p ro d u c t s s u p p l i e s .
This text will refer to these as prod
COPORATION: An Ingenious device for obtaining profit without individual responsibility.
(Sometimes reffered to as C coporation) is an independent legal entity owned by shareholders.
This means that the coporation itself, not the shareholders th