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    MIE Solutions Blog

Engineering Costs

By Dave Ferguson
April 26, 2011
, By Dave Ferguson
April 26, 2011
, By Dave Ferguson
April 26, 2011
, By Dave Ferguson
April 26, 2011
, By Dave Ferguson
April 26, 2011
, By Dave Ferguson
April 26, 2011
, By Dave Ferguson
April 26, 2011
, By Dave Ferguson
April 26, 2011
, By Dave Ferguson
April 26, 2011
, By Dave Ferguson
April 26, 2011
, By Dave Ferguson
April 26, 2011
, By Dave Ferguson
April 26, 2011
, By Dave Ferguson
April 26, 2011
, By Dave Ferguson
April 26, 2011
, By Dave Ferguson
April 26, 2011
, By Dave Ferguson
April 26, 2011
, By Dave Ferguson
April 26, 2011
, By Dave Ferguson
April 26, 2011

Engineering costs for many years have basically been included in the standard burden rate of the shop.  There are many situations now in this world where manufacturing is very competitive and technical that the standard burden rate of the shop...
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Direct and Indirect Costs

By Dave Ferguson
February 12, 2011
, By Dave Ferguson
February 12, 2011
, By Dave Ferguson
February 12, 2011
, By Dave Ferguson
February 12, 2011
, By Dave Ferguson
February 12, 2011
, By Dave Ferguson
February 12, 2011
, By Dave Ferguson
February 12, 2011
, By Dave Ferguson
February 12, 2011
, By Dave Ferguson
February 12, 2011
, By Dave Ferguson
February 12, 2011
, By Dave Ferguson
February 12, 2011
, By Dave Ferguson
February 12, 2011
, By Dave Ferguson
February 12, 2011
, By Dave Ferguson
February 12, 2011
, By Dave Ferguson
February 12, 2011
, By Dave Ferguson
February 12, 2011
, By Dave Ferguson
February 12, 2011
, By Dave Ferguson
February 12, 2011
, By Dave Ferguson
February 12, 2011
, By Dave Ferguson
February 12, 2011
, By Dave Ferguson
February 12, 2011

Fixed and variable costs can now be broken down into two more cost types: direct and indirect costs. These classify the costs of parts being manufactured and are critical to calculating shop overhead rates.  Direct costs are those costs that are...
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