U -- Business Tool for Success-Costing and Pricing Basics

Business Tool for Success-Costing and Pricing Basics on Monday, July 10, 2006 9:00AM-4:00PM ,the seminar is an introduction to the establishment of an indirect cost structure that meets the need to accurately determine the actual cost of your products or services, establish competitive pricing and provide management with accurate and timely information to facilitate their day-to-day decision making process. The cost of the seminar is $150.The cost includes Materials and Lunch.Curriculum includes Basic costing and pricing premise, Costing vs. pricing, Fundamental cost requirements, Direct costs vs. indirect costs, Calculation of direct hourly rates, Homogeneous grouping of direct and indirect costs, Common indirect cost pools, Allocation of support costs, Forward rate projections.There are two Case Studies Case One – Changing product or service mix impacting competitiveness and future profitability. Case Two – Increased subcontracting vs. in-house contract performance. Class will be held at Mason Enterprise Center, Procurement Technical Assistance Program, 4031 University Drive, Suite 200, Fairfax, VA 22030. To register please, visit our website at http://www.vaptap.org. For more information call the PTAP at (703) 277-7700 or (703) 277-7757. For information about dates please check our Procurement Events Calendar