PPT-What are the direct and indirect costs involved with manufacturing Oscars?

Original blog posting May 12 2014 RS Owens a company in Chicago produces the Oscars statues Officially named the Academy Award of Merit Weigh 85 pounds Take three to four weeks to manufacture . OMB Circular A-110 (2 CFR Part 215) . 2 CFR Part 230. Appendix A – General Principles. . GPD Indirect Cost Rate Agreement . Chief, . Operational Oversight Division. Joseph E. Baldwin . Project Review: . Introduction to Managerial Accounting. Describe the key differences between financial accounting and managerial accounting.. Learning Objective 1-1. Role of Managerial Accounting in Organizations. Decision-Making Orientation. direct cost indirect costs involved bring the total average claim cost to well over $32,000 2.Fewer employees experiencing pain their workplace safer. 5. Reduced absenteeism Solutions to common OFFICE OF GRANTS AND CONTRACTS. grantsc@ecu.edu. Updated 11/24/2010 . FACILITIES AND . ADMINISTRATION . COSTS. (F&A, INDIRECT, OVERHEAD COSTS) AT-A-GLANCE. THE FOLLOWING SUMMARIZES SOME FREQUENTLY ASKED QUESTIONS AND PROVIDES GENERAL INFORMATION ON FACILITIES &ADMINISTRATION COSTS. PLEASE CONTACT YOUR OGC REPRESENTATIVE FOR ADDITIONAL INFORMATION OR EMAIL . Office of Management and Budget (OMB) – Circular A-87. US Department of Education. Delegates authority for rate determination to states. Delegation agreement renews every five years. Authority. 2. Costs of a general nature which are not readily identifiable with the activities of the grant but are incurred for the joint benefit of those activities and other activities or programs of the organization. . Appendices III - VII. Indirect/F&A Costs. 2 CFR 200.56. Costs incurred for Common or Joint purposes. Benefit more than one cost objective. Cannot be readily identified with particular cost objective without undue effort. Presenter: Controller-Treasurer Department - Cost Management Unit . March 7, 2017: Part I – Overview – Back to the Basics. March 16, 2017: Part II – Setting the rates - Governmental Funds, Proprietary Funds . COST ALLOCATION PLAN. Presented by:. . CSS Cost Allocation Plan Requirement. Directive . CCD-15-03. - Cost allocation…plans will be required as part of the . subrecipient’s. submission to a CSS Request for Proposal. Failure to submit plans that meet the . Office of Management and Budget (OMB) – Circular A-87. US Department of Education. Delegates authority for rate determination to states. Delegation agreement renews every five years. Authority. 2. Costs of a general nature which are not readily identifiable with the activities of the grant but are incurred for the joint benefit of those activities and other activities or programs of the organization. OMB Circular A-110 (2 CFR Part 215) . 2 CFR Part 230. Appendix A – General Principles. . GPD Indirect Cost Rate Agreement . Chief, . Operational Oversight Division. Joseph E. Baldwin . Project Review: . Objectives. Identify types of costs – both direct and indirect. Calculate . salaries and fringe benefits. Identify the requirements for graduate students. Identify the requirements for a collaborator. What’s . the difference? . Overview. Define administrative costs. . Describe . the difference between direct and indirect costs. . Describe . what an indirect cost rate agreement is and where you go to apply for one. . What are Product Costs?. Product costs are costs that are incurred to create a product that is intended for sale to customers. . Product . costs include direct material (DM), direct labor (DL) and manufacturing overhead (MOH).. Branch Chief. Indirect Cost Services Division (ICSD). Interior Business Center (IBC). U.S. Department of Interior (DOI. ). Agenda. General . Principles . Uniform Guidance. Direct, Indirect, Unallowable, Exclusions.