U -- Business Tool for Success-Costing and Pricing Basics
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The contract details a seminar titled Business Tool for Success-Costing and Pricing Basics scheduled for Monday, July 10, 2006, from 9:00 AM to 4:00 PM. Priced at $150, the seminar provides an introduction to developing an indirect cost structure that enables accurate product or service costing, competitive pricing, and management decision support. The fee includes seminar materials and lunch. The curriculum covers essential topics such as the basics of costing and pricing, differences between costing and pricing, direct versus indirect costs, calculation of direct hourly rates, grouping of costs, allocation of support costs, and forward rate projections. Participants will also engage in case studies that explore scenarios affecting profitability and subcontracting decisions. The event will take place at the Mason Enterprise Center, Procurement Technical Assistance Program, located in Fairfax, Virginia. Registration is available through the program’s website, and additional information can be obtained by contacting the Procurement Technical Assistance Program via phone or email. The seminar is designed to equip attendees with foundational knowledge in cost analysis and pricing strategy to enhance business decision-making processes.
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