- direct cost
- 1. An alternative term for Variable cost. 2. Costs directly attributable to the manufacture of a specific product.
Auditor's dictionary. 2014.
direct cost
Look at other dictionaries:
direct cost — ➔ cost1 * * * direct cost UK US noun [C] (also direct expense, also first cost, also prime cost) ► ACCOUNTING the cost of the materials and the workers that are involved when a compan … Financial and business terms
direct cost — noun also direct charge : a cost that may be computed and identified directly with a product, function, or activity and that usually involves expenditures for raw materials and direct labor and sometimes specific and identifiable items of… … Useful english dictionary
Direct Cost — A price that can be completely attributed to the production of specific goods or services. Direct costs refer to materials, labor and expenses related to the production of a product. Other costs, such as depreciation or administrative expenses,… … Investment dictionary
direct cost — tiesioginės išlaidos statusas T sritis Gynyba apibrėžtis Išlaidos, kurias lengvai galima susieti su konkrečiomis funkcijomis ar veikla, pvz.: darbo jėga, medžiagomis. atitikmenys: angl. direct cost šaltinis NATO mokymo ir pratybų finansavimo… … Lithuanian dictionary (lietuvių žodynas)
direct cost of sales — The cost of sales, expressed as direct materials, direct labour, and direct expenses only. The direct cost of sales excludes any overhead … Accounting dictionary
direct cost — a cost that can be related directly to the production of a product or to a particular function or service. Cf. indirect cost. [1895 1900] * * * … Universalium
direct cost — /daɪˌrekt kɒst/ noun a cost which can be directly related to the making of a product, i.e. its production cost … Dictionary of banking and finance
direct cost — amount of money it takes to manufacture a particular product or run an operation (Accounting) … English contemporary dictionary
Cost of poor quality — (COPQ) or poor quality costs (PQC), are defined as costs that would disappear if systems, processes, and products were perfect. COPQ was popularized by IBM quality expert H. James Harrington in his 1987 book Poor Quality Costs.[1] COPQ is a… … Wikipedia
direct labour cost — direct wages Expenditure on wages paid to those operators who are directly concerned with the production of a product, service, or cost unit It is one of the cost classifications making up the direct cost of a cost unit; it is quantified as the… … Big dictionary of business and management
