A measurement used in cost accounting to gauge costs that cannot be directly tied to a finished product. For example, janitorial services are required by a company but are not tied directly to the costs of its finished products.
Related information about indirect labor costs:
- Indirect costs - Wikipedia, the free encyclopedia
It is possible to justify the handling of almost any kind of cost as either direct or indirect. Labor costs, for example, can be indirect, as in the case of maintenance ...
- What Is the Indirect Labor Cost? | Chron.com
A company with high indirect labor costs could potentially have high gross income, but ... Reducing indirect labor costs by laying off support workers is a way that ...
- Direct Vs. Indirect Labor Cost | eHow.com
The accounting departments of companies that manufacture products distinguish between direct and indirect labor costs on their balance sheet. Direct labor ...
- What is indirect labor costs? - BusinessDictionary.com
Definition of indirect labor costs: The amount allocated for labor hours or activities that are not related to the manufacturing process, like the lighting surrounding ...
- Indirect Labor Evaluations
Indirect labor costs are costs that cannot be specifically linked to the physical construction of specific products, but are necessary for producing those products.
- Direct and Indirect Costs
The next issue is whether indirect labor costs are fixed or variable costs. In this case, if the salary is a monthly or annual salary and does not change based on ...
- What is indirect labor costs? - InvestorWords.com
Definition of indirect labor costs: A measurement used in cost accounting to gauge costs that cannot be directly tied to a finished product. For example, janitorial ...
- Indirect Labor Costs: Definition from Answers.com
wages and related costs of factory employees, such as inspectors and maintenance crews, whose time is not charged to specific finished products.