What is the meaning of INDIRECT COST?

That portion of cost that is indirectly expended in providing a product or service for sale (cannot be traced to a given cost object in an economically feasible manner) and is included in the calculation of COST OF GOODS SOLD, e. G. Rent, utilities, equipment maintenance, etc. Opposite of direct cost.

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APABarry Goldsmith. (2010). indirect cost. Retrieved September 21, 2026, from http://smartdefine.org/indirect_cost/definitions/1155984
ChicagoBarry Goldsmith. 2010. "indirect cost" http://smartdefine.org/indirect_cost/definitions/1155984 (accessed September 21, 2026).
HarvardBarry Goldsmith 2010, indirect cost, Smart Define, viewed 21 September, 2026, <http://smartdefine.org/indirect_cost/definitions/1155984>.
MLABarry Goldsmith. "indirect cost" 21 October 2010. Web. 21 September 2026. <http://smartdefine.org/indirect_cost/definitions/1155984>