indirect labour cost

  • 1indirect labour cost — The wages, bonuses, and other remuneration paid to indirect labour …

    Accounting dictionary

  • 2indirect labour — ➔ labour * * * indirect labour UK US (US indirect labor) noun [U] ► ACCOUNTING the workers who are not directly involved in producing goods or supplying services, or the cost of paying those workers: »Indirect labour includes all labour not… …

    Financial and business terms

  • 3indirect labour — Personnel not directly engaged in the production of a product or cost unit manufactured by an organization. Examples of indirect labour include maintenance personnel, cleaning staff, and senior supervisors, such as foremen. Compare: direct labour …

    Accounting dictionary

  • 4indirect labour costs — /ˌɪndaɪrekt leɪbə kɒsts/ plural noun the cost of paying employees not directly involved in making a product such as cleaners or canteen staff. Such costs cannot be allocated to a cost centre …

    Marketing dictionary in english

  • 5indirect labour costs — /ˌɪndaɪrekt leɪbə kɒsts/ plural noun the cost of paying employees not directly involved in making a product such as cleaners or canteen staff. Such costs cannot be allocated to a cost centre …

    Dictionary of banking and finance

  • 6labour costs — wages costs Expenditure on wages paid to those operators who are both directly and indirectly concerned with the production of the product, service, or cost unit. See also: direct labour cost, indirect labour cost …

    Accounting dictionary

  • 7labour — la‧bour [ˈleɪbə ǁ ər] , labor noun [uncountable] 1. work involving a lot of physical or mental effort: • The garage charges £65 an hour for labour. • those involved in repetitive, unskilled manual labour (= work that involves using your …

    Financial and business terms

  • 8cost — {{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

  • 9labour costs — wages costs Expenditure on wages paid to those operators who are both directly and indirectly concerned with the production of the product, service, or cost unit See also direct labour cost; indirect costs …

    Big dictionary of business and management

  • 10Indirect 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