Indirect cost

indirect cost
A cost or expense that is not directly traceable to a department, product, activity, customer, etc. As a result indirect costs and expenses are often allocated to the department, product, etc.

Business Definition for: indirect cost and expense
Dictionary of Finance and Investment Terms
indirect cost and expense ...

INDIRECT COST - that portion of cost that is indirectly expended in providing a product or service for ...
INDIRECT COSTS - Development costs other than direct material and labor costs that are directly related...

Indirect Costs
Indirect costs are costs which are not directly attributable to a specific product.
For example, if you rent a warehouse for the storage of your finished goods, then the cost of that warehouse is attributable to all products.

indirect cost
a cost that cannot be traced explicitly to a particular
cost object; a common cost
responsibility center ...

Indirect cost: a fixed or overhead cost that cannot be attributed directly to the production of a particular item and is incurred even when there is no output.

Indirect Costs
Expenses associated with attending college incurred by the student and family, including books, travel expenses to and from college, and personal expenses.
Interest ...

indirect costs
In cost accounting applications, the share of costs imputed, attributed or allocated to the cost center or product being measured.
indirect leases ...

Indirect Costs Not Generally Allocable To a Contract
Subject to the exception in IRC Section 460(c)(2) (costs identified under cost-plus and certain federal contracts), ...

Indirect costs: Synonymous with overhead costs.

Institute of Management Accountants (IMA): The most important professional association of management accountants in the United States.

Indirect Costs. Costs that can't be directly related to the cost objective or a product.
Industrial Property Form. An all-risk or specific peril type of insurance for manufacturers or businesses engaged in processing.

Indirect cost or overhead - A cost which cannot be identified with a particular unit of output. 2) Is that part or percentage of a cost which indirectly is expensed in providing or producing a product / service for sale (the firm is unable to ...

Indirect cost
An indirect cost, also known as a common cost, is a cost that cannot be easily traced to the particular cost object under consideration.
Indirect expense ...

The indirect costs that are associated with manufacturing. Absorbed costs include such expenses as insurance, or property taxes for the building in which the manufacturing process occurs.

misjudgment of indirect costs the difference between the budgeted overhead costs and the actual expenditure
overhead expenditure variance - Related Articles
The Missing Metrics: Managing the Cost of Complexity
Best Practice ...

Indirect costs of financial distress Costs such as lost business as a result of bankruptcy or liquidation.

Indirect cost Any cost that is not a direct cost.... Inferior good A good that is consumed less as incomes rise.... Inflation The rate at which prices rise. There are many measures used for different purposes....

Also includes implied costs associated with impaired ability to do business (indirect costs). Financial engineering Combining or dividing existing instruments to create new financial products.

indirect cost The cost not directly attributable to the manufacturing of a product. opposite of direct cost. individual investor An individual who purchases small amounts of securities for him/herself, as...

INDIRECT COST Costs that cannot be identified in relation to a particular activity but that, nevertheless, are related to the direct costs (e.g.

Recall the distinction between direct costs and indirect costs. Direct costs are easily traced to and associated with a particular business segment; indirect costs are not.

These are a set of rules intended to be a single comprehensive set of rules to govern the capitalization, or inclusion in INVENTORY of direct and indirect cost of producing, acquiring and holding property.

Corporations also consider the indirect costs of bankruptcy, including the costs of low inventories, higher costs of inputs from suppliers who fear the company might not pay its bills next month, ...

In compliance with the uniform capitalization rules, direct costs and some of the indirect costs for resale activities and production must be capitalized.

Overheads: Indirect cost.
Overtrading: a paradoxical situation when a company does so much business that stocks and debtors rise leading to working capital and liquidity difficulties.

Adjusted Indirect Costs
Adjusted Main Ring Length (Cisco)
Adjusted Mapping Support Data
Adjusted Month Program (US DoD)
Adjusted Monthly Maintenance Charge
Adjusted Net Asset Value
Adjusted Net Business Income
Adjusted Net Tax Capacity ...

You would also report the cost of labor on Line 37, including both direct labor costs for production workers, and indirect costs for other employees who perform a general factory function that is necessary for the manufacturing process.

National Advertising Review Board (NARB) (in marketing)
Indirect Cost (in accounting)
rate differential (in marketing)
Newspaper Advertising Sales Association (NASA) (in marketing) ...

Operating profit = Gross profit - overheads and other indirect costs
Pre-tax profit or Net profit = operating profit - one off items and redundancy payments, staff restructuring - interest payable
Profit after tax = Pre-tax profit - tax ...

Transaction costs are direct costs associated with transacting trades. Indirect costs, such as staff salaries, computer systems or overhead are not included. Some transaction costs are visible and explicit: ...

Claim of a financial intermediary; the intermediary relends funds to the deficit unit to enable it to acquire real assets. Indirect costs of financial distress
Costs such as lost business as a result of bankruptcy or liquidation.

Expenses related to the procurement and processing of new business. Includes both direct costs such as commission payments and indirect costs such as product development and advertising.
Accretion ...

Legal and administrative costs of liquidation or reorganization. Also includes implied costs associated with impaired ability to do business (indirect costs).
Financial guarantee insurance ...

Definition: Total costs. Costs are made up of fixed costs and variable costs. The total of the fixed and variable costs is the total cost. Total costs can also be split into direct and indirect costs.
Related glossary term:
Total cost curve ...

Financial distress costs
Legal and administrative costs of liquidation or reorganization. Also includes implied costs associated with impaired ability to do business (indirect costs).

Overhead: Business costs-such as rent and utilities-that don't directly relate to the production or sale of goods and services. Overhead is sometimes called indirect cost or indirect expense.

See also: Direct costs, Expense, Expected return, Reorg, Financial distress