Allocable contract costs.

(i) Allocable contract costs. A taxpayer must use a cost allocation method permitted under either 1.460-5(b) or (c) to determine the amount of cumulative allocable contract costs and estimated total allocable contract costs that are used to determine a contract's completion factor. Allocable contract costs include a reimbursable cost that is allocable to the contract.


26 CFR § 1.460-4

Scoping language

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