- indirect materials cost
- The expenses incurred in providing indirect materials
Accounting dictionary. 2014.
indirect materials cost
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indirect materials — UK US noun [plural] ► ACCOUNTING, PRODUCTION things that are used in making a product that do not become part of that product when it is finished, for example, electricity or water: »Cost savings on indirect materials can often be substantial. →… … Financial and business terms
materials cost — The expenditure incurred by an organization on direct materials or indirect materials. The expenditure on direct materials is part of prime cost and that on indirect materials is a manufacturing overhead … Accounting dictionary
materials cost — The expenditure incurred by an organization on direct materials or indirect materials The expenditure on direct materials is part of direct cost of sales and that on indirect materials is a manufacturing overhead … Big dictionary of business and management
Косвенные материальные затраты (INDIRECT MATERIALS COST) — Затраты на материалы, которые не связаны непосредственно с производством того или иного продукта. Примерами являются расходные материалы, используемые при наладке, смазке и техобслуживании, замена мелких деталей … Словарь терминов по управленческому учету
Direct materials cost — is the cost of direct materials which can be easily identified with the unit of production. For example, the cost of glass is a direct materials cost in light bulb manufacturing[1]. The manufacture of products or goods required material as the… … Wikipedia
cost — {{Roman}}I.{{/Roman}} noun 1 money needed to buy sth ADJECTIVE ▪ considerable, high ▪ The high cost of energy was a problem for consumers. ▪ enormous, exorbitant, huge, prohibitive … Collocations dictionary
Manufacturing cost — is the sum of costs of all resources consumed in the process of making a product. The manufacturing cost is classified into three categories: direct materials cost, direct labor cost and manufacturing overhead[1]. Contents 1 Direct materials cost … Wikipedia
Indirect costs — are costs that are not directly accountable to a cost object (such as a particular function or product). Indirect costs may be either fixed or variable. Indirect costs include taxes, administration, personnel and security costs, and are also… … Wikipedia
Cost accounting — Accountancy Key concepts Accountant · Accounting period · Bookkeeping · Cash and accrual basis · Cash flow management · Chart of accounts … Wikipedia
Cost of goods sold — Accountancy Key concepts Accountant · Accounting period · Bookkeeping · Cash and accrual basis · Cash flow management · Chart of accounts … Wikipedia
