economics

Direct Cost

Direct Cost - Definition A cost that can be directly traced to a Cost Object since a direct or repeatable cause-and-effect relationship exists. A direct cost uses a direct Assignment or cost causal relationship to transfer costs. Direct costs refer to materials, Labor and expense

What is Direct Cost?

Direct Cost - Definition A cost that can be directly traced to a Cost Object since a direct or repeatable cause-and-effect relationship exists. A direct cost uses a direct Assignment or cost causal relationship to transfer costs. Direct costs refer to materials, Labor and expense

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