What factors need to be calculated in order to determine full-cost recovery?
EUs are required to be completely self-sustaining and as such must recover their full operating costs. Each EU is taught how to calculate their full costs as part of the Enterprise Training and their estimated costs and charge rates are included in the Business Plan. Once all costs are identified and estimated the costs are spread across the billable time available within the EU to arrive at the hourly actual cost recovery rate. Some EUs charge an hourly rate, others charge by the project or other means. Regardless of the charge method, each EU must be aware of their full costs and hourly cost recovery rates.
