_:n88cf17eae0b941a5931450b20e33c2e6xb0
<http://schema.org/description>
"SST has €72M annual sales and is involved in a number of FP7 projects. SST’s overall annual overheads are €19M, of which €3M is non-eligible (marketing and sales, and other commercial costs). The 400 direct employees work a total number of 640,000 productive hours per year. The total salaries of the direct employees, including social security costs, are €20M. Method 1: Calculation of Indirect costs as a fixed hourly rate of the personnel costs. The calculation method is based on the eligible indirect costs (per year) divided by the annual productive hours: Overhead= €16M/640,000= €25/productive hour Method 2: Calculation of Indirect costs as a percentage of the personnel costs. The overheads are allocated as a percentage of the direct personnel hours. Overhead= €16M/ €20M = 80%."
<http://slideplayer.com/slide/3304001/>