How to Allocate Overhead & Indirect Costs

L#02-839

$69.00

Take the mystery out of this confusing subject.  Put some rational sense in. This publication not only shows you how, but how to enhance your profit margin as well. Allocating overhead and indirect costs is one of the hottest financial issues today. It is also one of the most misunderstood subjects.
In this pioneering new publication:.  

• LERN deals head on with a subject area that is often arbitrary, vague, and contusing. . 
• We debunk some common myths about overhead and indirect costs. . 
• Then we give you clear, rationale concepts and a process for giving your organization hard numbers that actually make sense. 
• Plus, we demonstrate how the right approach to allocating overhead and indirect costs can help you and your financial decision makers enhance your profitability.
• 
  After utilizing LERN's new publication, How to Allocate Overhead and Indirect Costs, you will be able to correctly measure and allocate overhead and indirect costs for your organization. You will have the information to communicate better with central administrators in determining overhead allocations.
• Be able to assign profit margins to your activities to cover indirect costs.
  
•  Know whether your institutional overhead is a true cost, or a contribution (profit) for your institution.
  
• Get guidelines so you can allocate overhead for your organization, and also be able to retain the flexibility and judgment you need as financial decision maker.
  
•  Know how much money your organization is making.
  
•  Acquire new information tools with which to better discuss overhead with your central administrators.
  
•  Have some hard numbers and clear concepts with which to communicate to staff about overhead and indirect costs.
  
•  And much more...

Part I. The Issue of Overhead -Your program. What overhead is. Program overhead. Institutional overhead. Why allocate overhead.
Part IL Mastering Financial Performance -What financial self sufficiency means. Ho;"' to measure your profit margin. The only financial format to use
Part III. Program Overhead - Assigning program overhead. Assigning overhead to individual activities. Calculating overhead. Calculating staff time. Wrong ways to assign overhead. Look at divisions
Part IV. Institutional Overhead - Cost or contribution? 
Assigning institutional overhead. When institutional overhead is justified. Communicating with central administrators. Institutional overhead in higher education. Institutional overhead in associations. Institutional overhead in public schools. Institutional overhead in recreation.

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