Document YG65J2xjm0neBMBb9wGRy643k

IV. Organization The proposed organization is currently being developed. Refinements will be made as experience dictates. V. Operating Budget Following is the preliminary budget based on projected NIFS of $3, 100,000 for the full year of 1969. M$ A. NIFS 3100 B. Overhead Gen'l Mgmt. Field Sales Adv. & Prom. Misc. UCC Charges Engrg. &t Consulting Sales Commissions R&D Alloc. OH @ 6. 7% of NIFS HOA* Total OH 815 Plant Costs Direct Dept. & Aux. Distribution @ 3% NIFS Total P. C. 1200 760 95 2055 D. Operating Income 230 VI. Research and Development Activity in the R&cD area will be curtailed in 1969 over that carried on in 1968 and primary emphasis will be directed to providing technical service to field sales, development of technical and application data and consolidation of patent positions for viable applications and processes.