officers which is attributable to the performance of their functions as corporate efficers. Interest Expense Taxes on Het Income Public Relations Expense Excess Profit Taxes Capital Stock Taxes Stock Transfer Fees and Taxes Unusual and extra-erdizary expenses already applicable te the Contractor's prior or future fiscal years except as otherwise agreed by the Contracter and the Commission. 17. Any item listed in the Miscellaneous Expense Account shall be excluded herefrom or iucluded herein as the Contractor and the Commission may agree. 18. Other salaries, wages and expenses of empleyees net regularly engaged im Home Office Administration. 19. Any other expenses mot properly chargeable to Home Office-administration expense. 20. Of any item charged te everhead expense, that pertion which is handled as a direct charge to operations umder this or any other contract. From January 1, 1949, threugh Jume 30, 1951, the allecation ef Heme Office overhead, including fringe benefits, om the prescribed formula has been as follows: Calendar Year Allewable Overhead - 1949 1950 $ 1951 (6 mo.) TOTAL Non-Allowable Overhead 99,482.67 162,148.54 $ 224,548.00 268,679.46 $ 390,221.47 $ 628,719.98 128,590.26 135,492.52 Thus, of the total overhead fer the period, the Comtract absorbed — 38 per cent amiall other Holmes & Narver, Inc., operational activities bore 62 per cent, exclusive of federal cerperation taxes. The allewable ever- head has emounted te 1.19 per ceat of the total Contract costs. 11-38