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 ?
METHODS OF CALCULATING THE INDIRECT COSTS OF A DISEASE
In addition, direct nonmedical costs included those costs associated with transportation and included travel costs to and from medical facilities (e.g., outpatient healthcare, emergency care, or hospitalization), whereas indirect costs were those costs associated with lost productivity or lost work time for caregivers as a result of caring for the child suffering with norovirus illness (Gold, Siegel, Russell, & Weinstein, 1996).
Because indirect costs compensate universities for facilities and services that support a number of different investigators, indirect costs are allocated on a proportionate basis across shared infrastructure and personnel.
[10] For indirect costs, annual financial loss was calculated by multiplying the monthly income of the patient by 12 which corresponded to economic losses due to absenteeism.
Advanced forms of cost accounting that measure indirect costs of products and services may be important, as the proponents of ABC argue, but previous studies of cost accounting in government have failed to consider the question of what determines whether a product or service's indirect costs actually get measured?
Geller and Schmidgall (1997) argue that there is a need to proportion indirect costs to various products and services using an appropriate and agreed basis.
The Second Circuit affirmed the Tax Court's determination that the tax stamps were capitalizable indirect costs under Sec.
Research revenue for the purposes of this study is defined as revenue received from external agencies and organizations to support direct and indirect costs of separately-budgeted activities specifically organized to produce research outcomes.
Major finding: Families spent an average of $273.78 in direct and indirect costs, including moisturizers and other OTC products, on the care of their atopic child during the 4 weeks prior to a dermatologic office visit.
Unfortunately, occupational disability and early retirement could not clearly be attributed to the depressive disorder, so that indirect costs only represent morbidity costs due to sick leave.
ABC and cost stickiness literature refer to indirect costs. Research data have been obtained from the FADN, whose cost classification (displayed in Table 1) and methodology are explained in Appendix 1.
"As well as the difficult-to-quantify indirect costs, there is also the issue that many organisations will have had to beef up their security in other areas, as the trustworthiness of the securlD system will have taken a hit in many businesses," he said.