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State of WashingtonDEPARTMENT OF FINANCIAL INSTITUTIONS P.O. Box 41200 Olympia, Washington 985041200 Telephone (360) 9028700 TDD (360) 6648126 FAX (360) 5865068 http://www.dfi.wa.govSummary of Costs
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To fill out the summary of costs, follow these steps:
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Start by listing all of the costs related to a particular project or event.
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Separate the costs into different categories, such as materials, labor, and miscellaneous expenses.
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Assign a dollar amount to each cost and include any additional details or notes about the expense.
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Calculate the total cost by adding up all of the individual costs.
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Summary of costs is needed by:
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Summary of costs is used to document and track all expenses related to a particular project or activity.
Any individual or organization involved in a project or activity that requires tracking of expenses is required to file a summary of costs.
To fill out a summary of costs, you need to list all expenses incurred during the project or activity, categorize them, and provide supporting documentation for each expense.
The purpose of summary of costs is to provide a clear overview of all expenses related to a project or activity, helping with budgeting, financial planning, and accountability.
Information that must be reported on a summary of costs includes date of expense, description of expense, amount spent, category of expense, and supporting documentation.
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