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Determine how much to propose on a cost contract

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Reference no: EM132468308

Question 1: Which of the following represents the "base" used for determining how much to propose on a cost contract for General and Administrative expenses?

Point 1: Total price of the contract after including at percentage for profit

Point 2: Total of all contract costs before profit would be the correct base

Point 3: The base would be costs which are unallowable under the contract

Point 4: The base would only include expenses associated with the direct costs to do the work

Reference no: EM132468308

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