direct cost
Traceable manufacturing expense
A direct cost is an expense that can be traced specifically to producing a particular product or service—raw materials, labor on the assembly line, components.
Direct costs contrast with indirect costs like rent, utilities, or administrative salaries, which support operations generally but can't be attributed to any single output.
The direct cost of manufacturing each unit was twelve dollars.
Distribution of shares
- estimationApproximate value judgment
- forecastingEstimating future conditions
- projectionSomething that extends outward
- expenditureMoney paid out
outlay · spending · resource allocation · funding · capital expenditure · variance · contingency
Unprocessed production inputs
- componentsConstituent parts
- partsIndividual elements of whole
- assemblyConstructing from components
- fabricationDeliberately untrue statement
machining · factory labor · subcontracting · outsourcing · consumables · packaging · ingredients · labor hours
Work hours invoiced to clients
- time and materialsBilling method for actual costs
- contractor feesCosts for hired work
- equipment rentalLoaning tools for fee
- travel expensesCosts of journeys
allocation
Distribution of shares
- estimationApproximate value judgment
- forecastingEstimating future conditions
- projectionSomething that extends outward
expenditure · outlay · spending · resource allocation · funding · capital expenditure · variance · contingency
raw materials
Unprocessed production inputs
- componentsConstituent parts
- partsIndividual elements of whole
- assemblyConstructing from components
fabrication · machining · factory labor · subcontracting · outsourcing · consumables · packaging · ingredients · labor hours · processing
billable hours
Work hours invoiced to clients
- time and materialsBilling method for actual costs
- contractor feesCosts for hired work
- equipment rentalLoaning tools for fee
travel expenses · per diem · deliverables · change orders · procurement
traceability
Verifiable origin and path
- cost analysisoperating expenses, operating expense, budget analysis, expense reports, expense
- costsoverhead
- out-of-pocket costsout-of-pocket, copay, copayment, deductible, coinsurance
direct, cost, directly, direction, directional, director, directive, indirect, indirectly