indirect cost


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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 ?
A basic cost allocation system standard might include: an appropriate separation of the direct and indirect costs associated with the product or service in question and a provision that the direct costs be properly attributed to the product that creates them; the creation of indirect cost pools that do not mix indirect costs that have fundamentally different cost behaviour patterns, and that the cost allocation basis from such an indirect cost pool to a product or service reflect that product or service's use of the resources whose costs are accumulated in the cost pool.
C) What proportion of the total indirect cost is assigned to: (i) the retail customer line, and (ii) the business customer line?
At the same time, the study by Jahnz-Rozyk et al., conducted in 2012 on 128 patients with asthma, determined the average indirect cost of the disease, using the human capital approach, at 4288 EUR/person [35].
The purpose of this study was to estimate the direct medical, nonmedical, and indirect costs of norovirus disease among school-age children enrolled in the U.S.
For instance, the federal government carefully defines what can and cannot be considered as an indirect cost, and how those costs are to be calculated by academic institutions.
Distribution of the costs of stroke Min-Max (TL) Median (TL) Direct cost 525-35326 8668.50 Acute care 0-28521 4752 Rehabilitation 0-15600 625 Medicine 0-2102 689 Braces 0-800 0 Botulinum neurotoxin 0-2800 0 Visits 60-2370 865 Indirect cost 0-48000 10800 Total cost 525-66560 17253.50 Min: Minimum; Max: Maximum; TL: Turkish Lira.
In interviews the researcher asked, since one year had past, if there had been any changes in indirect cost allocation practices or the use of ABC in their hotel.
Results for the average direct cost, indirect cost, and total cost for each final objective are displayed in Table 1.
The calculation of indirect cost is based on days of sick leave due to depressive disorder.
The mean indirect cost of care for the male respondents was 24,902.40 [+ or =] 975.00 naira while that of the females was 23,816.00 [+ or =] 908.12 naira.
The Federal Acquisition Regulation councils have issued proposed rule changes that are intended to clarify and streamline the contract closeout procedures and to develop a more detailed description of an adequate final indirect cost rate proposal and supporting information.