How costs estimated when submitting a bid for future work


Discussion Post: Cost and Price Analysis

Discuss the different types of nonlabor costs for a project like Direct Materials. Research your text on the Internet to develop a list that includes common direct costs associated with a business that are not labor related. Explain how these costs could be estimated when submitting a bid for future work. What questions could be asked when trying to determine a price for these expenses.

The response should include a reference list. Using double-space, Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Cost Accounting: How costs estimated when submitting a bid for future work
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