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Topic: |
Technology
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Number of pages / Number of words: |
4 / 999 |
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The direct costs consisted only of the cost of hiring the instructors and purchasing the materials for specific courses. No overhead was included in the calculation of the direct costs. The consultant recommended that and institution-wide overhead charge of 30% of direct cost to be included in CRP profit and pricing calculation...
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The consultant recommended that and institution-wide overhead charge of 30% of direct cost to be included in CRP profit and pricing calculation. The reason for this is that the administration, clerical support and information technology salaries are clearly fix costs and therefore should not have been included in the direct cost of calculating the profits...
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