Variable material and labor costs that can be directly traced and allocated to a specific unit of production.
A cost directly attributable to the manufacturing of a product. opposite of indirect cost.
Costs that are wholly attributable to the service in question, for example, the services of professional and paraprofessional personnel, equipment, and materials.
Cost incurred in construction on the site. For Example; materials, labor supervision and utilities.
Also called variable costs. They vary with the level of sales as opposed to fixed costs which do not go up and down with sales. For example, if you delivery the products you sell, delivery expenses (variable costs) will go up as sales go up. Building rent and insurance (fixed costs) on the other hand, do not fluctuate with sales.
Any cost that is specifically identified with a particular final cost objective, but not necessarily limited to items that are incorporated in the end product as material or labor.
A traceable cost, or expenditure which can be economically identified with and specifically measured in respect of a relevant cost object.
a cost that can be conveniently and easily traced to a particular cost object
a cost that can be directly attributed to an activity or variable
a cost that can be easily and conveniently traced to the provision of services and/or materials to another fund or unit
a cost that is directly associated with changes in production volume
Cost that can be traced directly to a cost object.
A cost that is directly attributable to a specific product or service. Some examples are labor hours or materials consumed in the production of an output.
A cost that can be identified specifically with a particular final cost objective, i.e., a particular award, project, service, or other direct activity of the organization
A cost that can be easily and conveniently traced to the particular cost object under consideration.
A cost which can be specifically allocated to an activity, department or project.
Out-of-pocket expenditures made in conjunction with a project, e.g. for labor, materials, land, fees as distinguished from overhead, administration, profit, etc.
Costs identified with a specific unit of product (for example, clay in the production of flowerpots or tubing in the production of bicycles).
a cost that can be identified with a particular product or service and not with others; these normally comprise the cost of materials, labour and of expenses directly incurred on the product or service.
Ma variable cost directly attributable to production. Items that are classed as direct cost include materials used, labor deployed, and marketing budget, and amounts spent will vary with output.
Any cost that is specific ally identified with a part icular Activity. See also Direct Project Costs [D00538] RMW
Eligible costs specifically associated with planning and implementing the grant project.
A cost that is incurred for, and can be traced in full to a product, service, cost centre or department. This is an allocated cost. Direct costs are direct materials, direct wages and direct expenses.
A cost that can be directly traced to a cost object since a direct or repeatable cause-and- effect relationship exists. A direct cost uses a direct assignment or cost causal relationship to transfer costs. Also see: Indirect Cost, Tracing
In accounting, a cost incurred for or physically traceable to one specific product, line of business, department, or other cost object. Contrast with indirect cost.
A direct cost is a cost that can be directly related to producing specific goods or performing a specific service. For example, the wages of an employee engaged in producing a product can be attributed directly to the cost of manufacturing that product.
A cost which can be traced in full to a product, service, cost center or department
Refers to expenses that are traceable to the specific activity. Labor and material inputs are the most common direct costs but there can also be other traceable costs such as marketing, selling or administrative type costs. Direct costs together with indirect costs determine the total cost of providing a good or services. (also see Indirect Cost)
A cost that can be economically traced to a single cost object.
see prime cost.
Cost of direct material and direct labor incurred in producing a product.