Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-5

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    Direct Costs are Direct production costs (materials, etc...) Overhead Costs are all your ancillary costs not directly involved with production such as renting offices, marketing, IT, management, etc...

    The problem with the 4c is that the breakdown of it doesn't easily allow to differentiate between those two especially as some of the staff cost in 1.2(e) will be a direct cost.
 
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