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Assume that your company sells portable housing to both general contractors and the government. It...

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Accounting

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Assume that your company sells portable housing to both general contractors and the government. It sells jobs to contractors on a bid basis. A contractor asks for three bids from different manufacturers. The combination of low bid and high quality wins the job. However, jobs sold to the government are bid on a cost-plus basis. This means the price is determined by adding all costs plus a profit based on cost at a specified percent such as 10%. You observe that the amount of overhead applied to government jobs is higher than that applied to contract jobs. These allocations concern you, Point: Students could compare responses and discuss differences in concerns with allocating overhead Required 1. Write a half-page memo to your company's chief financial officer outlining your concerns with overhead allocation. 80 Your post will be graded as follows: Addresses prompts) fully using standard English grammar and speling A substantial response to one classmate (do not just say "Nice post or "lagree" using standard English grammar and spelling A substantial response to one more classmate (do not just say "Nice post or agree' using standard English grammar and spelling Total Possible 10 10 100M

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