DEFM424 - Overhead Management of Defense Contracts

After successfully completing this course, students will fulfill the following Learning Objectives (LO):

LO 1. Explain Indirect costs, direct costs, allocation base, pool, G&A, fringe benefits, intermediate pools, and under/over applied overhead.

LO 2. Explain the elements of cost in overhead.

LO 3. Explain the relationship between labor rates and the business base.

LO 4. Explain the FAR requirements for forward pricing rates, billing rates, and final overhead rates.

LO 5. Explain the activity based costing process.

LO 6. Explain the difference between capitalizing and expensing assets.

LO 7. Explain the general treatment of unallowable costs on billings, claims, and application of penalties.

LO 8. Explain the concept and treatment of directly associated costs.

Please see the Student Handbook to reference the University’s grading scale.

Additional Resources:

Federal Acquisition Regulation (FAR) located at http://www.acquisition.gov/far/index.html

Universal Commercial Code (UCC) located at http://www.law.cornell.edu/ucc

In the Course Materials folder there are PowerPoint presentations, leadership articles, and up to date APA handouts.

Netlibrary—you can read directly online. Note, printing is one page at a time and, depending on number of users at any one time, you may be locked out. http://ezproxy.apus.edu/login?url=http://www.netlibrary.com/urlapi.asp?action=summary&v=1&bookid=224414

Websites

In addition to the required course texts the following public domain Websites are useful. Please abide by the university’s academic honesty policy when using Internet sources as well. Note web site addresses are subject to change.