Articles related to direct cost
Direct and Indirect Costs - About Business Finance
Part of the process of pricing your product is including the costs of producing that product. These costs are called direct and indirect costs.
Pricing your Product Using Markup - About Business Finance
You can also analyze your costs in terms of direct and indirect costs. You think about the classification of your costs differently but the end result is the same.
How to Prepare a Direct Labor (Operating) Budget
As an exercise, assume that a product uses two hours of direct labor per unit. Expected production for the year is 1,250 units. The average wage cost per hour is ...
How to Calculate Cost of Goods Sold - US Business Law / Taxes
This article takes you through the process of determining cost of goods sold for your ... Direct Costs are costs related to production or purchase of the product.
Manufacturing Costs - Logistics/Supply Chain - About.com
Product costs are referred to as either direct or indirect. A direct cost can easily be associated with a certain product. These will be direct labor costs and direct ...
Expenses for Your Home Office - Direct and Indirect
For an example, if you paint the walls of your office, the cost of the paint is a direct expense. However, you may not deduct for the cost of your own labor.
Cost Plus Contracts and How To Use Them - Construction - About.com
What to expect and when to use a cost-plus contract. ... Direct Costs: Labor, materials, supplies, equipment and professional consultants being contracted by the ...
General Accounting Policies - Defense - About.com
One section of the accounting system procedures describes the general accounting policies such as cost pools, direct versus indirect and application of costs to ...
What is Cost of Goods Sold? (COGS) - US Business Law / Taxes
COGS also includes direct costs such as labor to produce the product, supplies used in manufacture or sale, shipping costs, costs of containers, freight in, and ...
Labor Costs - Logistics/Supply Chain - About.com
There are different types of labor costs such as direct labor costs and indirect labor costs. Direct labor costs are related to the part of the payroll of a company that ...