U -- Business Tool for Success-Costing and Pricing Basics
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The seminar titled "Business Tool for Success-Costing and Pricing Basics," scheduled for Monday, July 10, 2006, from 9:00 AM to 4:00 PM, offers an introduction to developing an indirect cost structure essential for accurately determining product or service costs, setting competitive pricing, and providing management with timely information for decision-making. Priced at $150, the cost covers seminar materials and lunch. The curriculum covers foundational topics such as the difference between costing and pricing, direct versus indirect costs, calculation of direct hourly rates, grouping and allocation of costs, and forward rate projections. Two case studies are included, one focusing on how changing product or service mix affects competitiveness and profitability, and the other on the implications of increased subcontracting versus in-house contract performance. The event will be held at the Mason Enterprise Center, Procurement Technical Assistance Program, located at 4031 University Drive, Suite 200, Fairfax, VA. Interested participants can register through the website or contact the Procurement Technical Assistance Program for further information by phone. The designated point of contact for this seminar is Mary E McGuire, Procurement Assistance Specialist, reachable at [phone hidden] or via email. Additional details and scheduling information are available via the Procurement Events Calendar.
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