Business > CASE STUDY > cf BUS315 Assignment 2 .edited.docx BUS 315 (All)
cf BUS315 Assignment 2 .edited.docx BUS 315
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cf BUS315 Assignment 2 .edited.docx BUS 315 Assignment 2 €“ Price Analysis for the Drone Navigation System by VectorCal and... Universal Drones Inc. BUS 315 €“ Cost and Price Analysis Introduction Analysis of Universal Drones, Inc.s Cost Classifications For a cost to be reasonable, the type of cost must be agreeable, as well as the price. For example, a contractor may need to purchase sheet metal, but they buy a high-priced metal instead of an average-priced metal of the same quality. This would not be a reasonable cost. If the price is more than what a competitor or sensible person would pay, then it is not a reasonable cost. (John E. Murphy, 1) Allowable costs vary from contract to contract. A cost is considered unallowable if it is not €œallowable in the cost principles," or it doesn't €œmeet the requirements of€¦business practices, public law, and l. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . [Show More]
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