indirect cost

(redirected from Indirect Expenses)
Also found in: Financial.

indirect cost

[‚in·də′rekt kȯst]
(industrial engineering)
A cost that is not readily indentifiable with or chargeable to a specific product or service.

indirect cost

On a building project, those costs that are attributed to overhead, as opposed to any specific task or component; for example, the cost of supervisory personnel in the site office.
References in periodicals archive ?
'Perhaps Petron should look inward to understand the true cause,' Beltran said, noting that the firm had also reported a 78-percent hike in indirect expenses in the first quarter of 2019, 'which suggests lower efficiency resulting in the income decrease.'
Indirect Expenses which have already been kept at a low level stayed flat for 1H2019 at US$3.8 million.
He added that Iran spent over 11% of its gross national product for direct and indirect expenses on campaign against illicit drugs, and expressed concern that the US sanctions against Iran which pressure the country economically would leave negative impacts on Tehran's anti-narcotics efforts.
It includes claims due and unpaid, claims in the course of settlement, resisted claims and those which are incurred but not reported at a designated level of confidence, as well as direct and indirect expenses related to settling all outstanding claims, whether reported and unreported, as of valuation date.' This will not be discussed here.
And, as you know, adding more people means adding more direct expenses (salaries, benefits) as well as many indirect expenses (training, mistakes, cultural disruption).
Under this method, taxpayers need to determine and keep record of the direct and indirect expenses associated with maintaining their home office.
ATAX will realize a gross gain, before direct and indirect expenses, of approximately $4M to be recognized in the third quarter of 2018.
This is due to the amount of manual calculations the bookkeeper has when entering indirect expenses into the system.
Various assistance programs including youth allowances, support for direct and indirect expenses related to searching for jobs, and job consulting programs have already been introduced, but few provide substantive help, according to jobseekers.
Asphalt recycling initiatives and their use in Ashghal projects contribute to the direct reduction in the cost of construction materials from rubble and bitumen, up to 17%, without indirect expenses such as import, transport and other costs.
Losantiville calculated the losses using the gross-to-gross method, the ratio of nonmember sales to total sales, to determine the deductible indirect expenses taken against nonmember sales.
this method is used to allocate indirect expenses to obtain a full cost on activity and product.