Attachment 2 Total expenses (Cost of goods sold and a) general and administrative)................. 1,180,516 Less extraordinary b) -0----) expenses.................(--- c) Less direct labor (include subcontract).....( 271..,....1.._9.;.2._ Less material cost ..........................(_ d) 93;.,. 73;....8;;...... e) Less non-production costs supplemented grants, etc..............................< by 35 > * ,s_o_o_ Overhead expenses........................... f) 779,786 24"-l-, _4 Less state aid g) 0_7 ..............................( be by Overhead costs that need to offset j sales . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 538,379 I = Overhead costs Direct labor (c) overhead percentage (i) 271,192 I 538,379 = 1.98\ * by Rent paid Match Grant from SB40 Board
Attachment 2 a) Total expenses (Cost of goods sold and general and administrative)................. 1,180,516 b) Less extraordinary expenses.................(--- -0----) c) Less direct labor (include subcontract).....( 271..,....1.._9.;.2._ d) Less material cost ..........................(_ 93;.,. 73;....8;;...... e) Less non-production costs supplemented by grants, etc..............................< 35 ,s_o_o_ > * f) Overhead expenses........................... 779,786 g) Less state aid ..............................( 24"-l-, _4 0_7 Overhead costs that need to be offset by j sales . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 538,379 Overhead costs (i) I Direct labor (c) = overhead percentage 538,379 I 271,192 = 1.98\ * Rent paid by Match Grant from SB40 Board