04-21-2010, 05:57 PM
Just a quibble....
Russ..."The difference is that the cost must be recovered by the buyers."
Not quite...The cost must be COVERED by the buyers, and RECOVERED by the manufacturer.
And of course you gotta put on materials cost, labor, overhead and profit on top of that....
Russ..."The difference is that the cost must be recovered by the buyers."
Not quite...The cost must be COVERED by the buyers, and RECOVERED by the manufacturer.
And of course you gotta put on materials cost, labor, overhead and profit on top of that....
Gus (LC&P).