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Top Terms > Management and organization > Finance > Costs > Types of costs > Direct costs

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Direct costs (Cfcad)

Definition
Costs which can be identified specifically with a product, service, or activity; also, contractor's actual cost to provide items necessary for the work, such as labor, material, equipment owned or invoiced rental. (Source: Team: adapted from AASHTO Glossary)
Broader Term
Types of costs (Cfca)
Related Terms (Hierarchical)
Operating costs (Cfcab)
Capital costs (Cfcac)
Fixed costs (Cfcaf)
Indirect costs (Cfcaj)
Labor costs (Cfcak)
Marginal costs (Cfcam)
Overhead costs (Cfcap)
Unit costs (Cfcau)
Variable costs (Cfcav)
Related Terms (Associative)