indirect cost
Definition
Expenses (such as for advertising, computing, maintenance, security, supervision) incurred in joint usage and, therefore, difficult to assign to or identify with a specific cost object or cost center (department, function, program). Indirect costs are usually constant for a wide range of output, and are grouped under fixed costs.
indirect cost is in the Accounting & Auditing and Banking, Commerce & Finance subjects.
indirect cost appears in the definitions of the following terms:
job costing,
cost allocation,
overhead,
total cost of ownership (TCO),
indirect material,
balance to complete (BDC),
total cost of a contract,
cost center,
direct cost approach,
non-production costs
and
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