See Also: Indirect Labor Audit Committee Managed Sales And Use Tax Audit Programs Mining the Balance Sheet for Working Capital Inventory to Working Capital Indirect Materials Definition In accounting, the indirect materials definition is a category of indirect cost. Indirect materials are materials used in a production process, but they are not directly traceable to
See Also: Indirect Materials Accounts Payable Audit Committee Managed Sales And Use Tax Audit Programs Carried Interests Indirect Labor Definition In accounting, indirect labor is a category of indirect cost. It refers to labor costs incurred during a service or production process, but are not directly traceable to a cost object. Consider them overhead costs and treat
See Also: Direct Labor Direct Materials Cost Driver Direct Labor Variance Formulas Direct Cost vs Indirect Cost In accounting, there is a distinction between direct cost vs indirect cost. You can trace direct costs to a particular cost object. However, you cannot trace indirect costs to a particular cost object. A cost object is something
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