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What are indirect costs, and how are they calculated?

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What are indirect costs, and how are they calculated?

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Indirect costs refer to the hidden costs that Calvin must cover while you are working on your project. Items such as office space, telephone usage, and electricity are covered by indirect costs. Calvin has set a rate of 49% of salaries and wages for government proposals. Some private foundations allow no indirect costs. Others may allow 5% of total project cost.

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