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definition indirect cost

Indirect cost Definition & Meaning - Merriam-Webster
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Dec 29, 2021 · Definition of indirect cost : a cost that is not identifiable with a specific product, function, or activity Examples of indirect cost in a Sentence Recent Examples on the Web The indirect cost to students and the quality of our education system remains uncounted.
Indirect Cost: Definition and Example | Office of Management
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An indirect cost is any cost not directly identified with a single, final cost objective, but identified with two or more final cost objectives ...
Indirect Cost: Definition and Example | Office of Management
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13.12.2020 · Indirect Costs (definition extracted from FAR Part 31.2) An indirect cost is any cost not directly identified with a single, final cost objective, but identified with two or more final cost objectives or an intermediate cost objective. It is not subject to treatment as a direct cost.
What are indirect costs? – Definition | BDC.ca
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Indirect costs are the costs of running a business and going to market with a product or service—regardless of the volume manufactured and/or sold.
Indirect costs definition — AccountingTools
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10.04.2021 · Indirect costs are costs used by multiple activities, and which cannot therefore be assigned to specific cost objects. Examples of cost objects are products, services, geographical regions, distribution channels, and customers. Instead, indirect costs are needed to operate the business as a whole.
Indirect Cost: Definition and Example | Office of Management
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Dec 13, 2020 · Indirect Costs (definition extracted from FAR Part 31.2) An indirect cost is any cost not directly identified with a single, final cost objective, but identified with two or more final cost objectives or an intermediate cost objective. It is not subject to treatment as a direct cost.
Indirect Costs Definition: 972 Samples | Law Insider
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Indirect Costs means those costs that are incurred for a common or joint purpose benefiting more than one cost objective and are not readily assignable to ...
Indirect cost Definition & Meaning - Merriam-Webster
https://www.merriam-webster.com/dictionary/indirect cost
29.12.2021 · Definition of indirect cost : a cost that is not identifiable with a specific product, function, or activity Examples of indirect cost in a Sentence Recent Examples on the Web The …
INDIRECT COST | meaning in the Cambridge English Dictionary
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indirect cost | Business English ... the cost of something that is not directly involved in making a particular product or providing a particular ...
Indirect costs definition — AccountingTools
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Apr 10, 2021 · Indirect costs are costs used by multiple activities, and which cannot therefore be assigned to specific cost objects. Examples of cost objects are products, services, geographical regions, distribution channels, and customers. Instead, indirect costs are needed to operate the business as a whole.
Indirect costs definition - AccountingTools
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Indirect costs are costs used by multiple activities, and which cannot therefore be assigned to specific cost objects.
Indirect Cost (Definition, Examples) | How to Calculate?
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Indirect cost is the cost that cannot be directly attributed to the production as these costs are incurred in general costs and can be fixed or variable in nature like the office expenses, salary paid to administration, sales promotion expense, security and supervision expense, etc.
What Are Indirect Costs? - Definition & Examples - Study.com
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Indirect costs are expenses a company may incur that are not associated to a specific product or project within a company. These costs may also ...
What Is Indirect Cost? (Examples and Explanations ...
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07.09.2021 · Indirect costs do not relate to a specific product or service you're selling to customers. Instead, indirect costs mainly address operational needs, such as overhead, maintenance and administrative costs. Indirect costs can be either fixed or variable costs; let's review the difference between these costs below:
Indirect Cost Overview - Department of Education
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Indirect costs represent the expenses of doing business that are not readily identified with a particular grant, contract, project function or ...
What are Indirect Costs? - Definition | Meaning | Example
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Definition: Indirect costs are expenses that cannot be traced back to a single cost object or cost source. During the manufacturing process, items like products, departments, and customers create costs. These are considered cost objects because the original manufacturing costs stem from them. What Does Indirect Cost Mean?
Indirect Cost: Definition, Explanation, Types, and example ...
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Definition: All those expenses that are incurred in common for different projects, products, or business activities and cannot be easily divided for individual projects, products, or activities are called indirect costs. We also could say all the costs that could not be allocated to direct costs are indirect costs.
Indirect Cost (Definition, Examples) | How to Calculate?
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Indirect cost is the cost that cannot be directly attributed to the production as these costs are incurred in general costs and can be fixed or variable in nature like the office expenses, salary paid to administration, sales promotion expense, security and supervision expense, etc.
Indirect costs - Wikipedia
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Indirect costs are costs that are not directly accountable to a cost object (such as a particular project, facility, function or product). Indirect costs may be either fixed or variable. Indirect costs include administration, personnel and security costs. These are those costs which are not directly related to production. Some indirect costs may be overhead. But some overhead costs can be directly attributed to a project and are direct costs.
What Is Indirect Cost? (Examples and Explanations) | Indeed.com
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Sep 07, 2021 · Indirect costs do not relate to a specific product or service you're selling to customers. Instead, indirect costs mainly address operational needs, such as overhead, maintenance and administrative costs. Indirect costs can be either fixed or variable costs; let's review the difference between these costs below:
Indirect costs - Wikipedia
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Indirect costs are costs that are not directly accountable to a cost object Indirect costs may be either fixed or variable. Indirect costs include ...
Direct Costs vs. Indirect Costs: What Are They, and Why
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Indirect costs extend beyond the expenses you incur creating a product to include the costs involved with maintaining and running a company. These overhead ...
What are Indirect Costs? - Definition | Meaning | Example - My ...
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Definition: Indirect costs are expenses that cannot be traced back to a single cost object or cost source. During the manufacturing process, ...