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3/16/21

[Answer] Which of the following is NOT considered a project indirect cost?A.SupervisionB.ConsultantsC.EquipmentD.InterestE.The project manager's salary

Answer: Equipment




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Which of the following is NOT considered a project indirect cost?A.SupervisionB.ConsultantsC.EquipmentD.InterestE.The project manager's salary Indirect costs are costs that are not directly accountable to a cost object (such as a particular project facility function or product). Indirect costs may be either fixed or variable. Indirect costs include administration personnel and security costs. These are those costs which are not … Activity-based costing (ABC) is a costing method that identifies activities in an organization and assigns the cost of each activity to all products and services according to the actual consumption by each. Therefore this model assigns more indirect costs into direct costs compared to conventional costing.. CIMA the Chartered Institute of Management Accountants defines ABC as an approach to ... Indirect costs - Wikipedia Indirect costs - Wikipedia Indirect costs - Wikipedia Indirect costs - Wikipedia They are considered overheads as these costs must be paid regardless of sales and profits of the company. In addition salary differs from wage as salary is not affected by working hours and time therefore will remain constant. In particular this would more commonly apply to more senior staff members as they are typically signed to longer tenure contracts meaning that their salaries are ... Cost accounting is defined as "a systematic set of procedures for recording and reporting measurements of the cost of manufacturing goods and performing services in the aggregate and in detail. It includes methods for recognizing classifying allocating aggregating and reporting such costs and comparing them with standard costs." When budgeting for a new product NRE must be considered to analyze if a new product will be profitable. Even though a company will pay for NRE on a project only once NRE costs can be prohibitively high and the product will need to sell well enough to produce a retu...


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