definition burdened cost
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Burden Costs Burden Costs. Burden costs are the costs for the plant that are not included in direct labor or material costs. These costs are often the largest cost for a product. Allocation of these costs to the product is often done incorrectly. These costs include: Indirect labor costs.
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$200/Hour Service Call? Are you kidding me? 1 If you take the $110 burdened cost and divide by 75% you get an ‘effective burdened cost’ of about $150.  Profitable Charge Rate – Note at the $150 per hour ‘effective burdened cost’ does not include a penny of return for the risk of investment by the ownership.
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direct cost Also found in: Dictionary, Acronyms, Encyclopedia, Wikipedia. direct cost. A cost that can be directly related to producing specific goods or performing a specific service. For example, the wages of an employee engaged in producing a product can be attributed directly to the cost of manufacturing that product. Certain other costs such as depreciation and administrative expenses are more difficult to assign and are not considered direct costs.
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Buyer's guide to mountain bike pedals So-called 'clipless' mountain bike pedals use cycling-specific shoes and metal cleats that bolt on underneath (instead of the old plastic cages, or 'toe clips', that wrapped around your feet and from which these pedals derive their name).
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Labor burden Labor burden. Labor burden is the actual cost of a company to have an employee, aside from the salary the employee earns. Labor burden costs include benefits that a company must, or chooses to, pay for employees included on their payroll. These costs include but are not limited to payroll taxes, pension costs, health insurance, dental insurance, and any other benefits that a company provides an employee.
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- We view overhead as two types of costs and define them as follows: Manufacturing overhead (also referred to as factory overhead, factory burden, and manufacturing support costs) refers to indirect factory-related costs that are incurred when a product is manufactured.
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Carrying Charges Carrying Charges. Carrying charges are taxes, interest, and certain other expenses related to the development and operation of timber properties that may be treated as either deductible expenses or capital costs. Capitalized carrying charges are added to the timbers basis and are recovered by offsetting gain realized upon the sale or cutting of timber.
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- The definition of cost is the amount paid for something or the expense of doing something. An example of a cost is $3 for a half gallon of milk.
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cost noun. verb. The definition of cost is the amount paid for something or the expense of doing something. An example of a cost is $3 for a half gallon of milk.
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What is a Budgeted Indirect-Cost Rate? Definition: Budgeted indirect-cost rate is an estimated method to allocate expenses to units in a production batch or cost pool. In other words, it’s way for management to assign costs to units that are produced in pools on a budgetary basis. Let’s take a look at how this method is derived and used. What Does Budgeted Indirect Cost Rate Mean?
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Deferred financing cost Deferred financing cost. Deferred financing costs or debt issuance costs is an accounting concept meaning costs associated with issuing debt (loans and bonds), such as various fees and commissions paid to investment banks, law firms, auditors, regulators, and so on. Since these payments do not generate future benefits, they are treated as a contra debt account.
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Direct labor An expanded version of direct labor, known as fully-burdened direct labor, also includes an allocation of the benefit costs earned by direct labor employees. Direct labor is considered to be a direct cost, which means that it varies directly with revenue or some other measure of activity.
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- Definition of 'tax burden'. tax burden (tæks ˈbɜːdən) the amount of tax paid by a person, company, or country in a specified period considered as a proportion of total income in that period. Multinationals can also shift profits to reduce their total tax burden; they can show larger profits in countries with lower tax rates.
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What is a 'Capitalized Cost' An expense that is added to the cost basis of a fixed asset on a company's balance s​heet. Capitalized costs are incurred when building or financing fixed assets. Capitalized costs are not expensed in the period they were incurred, but recognized over a period of time via depreciation or amortization. Next Up.
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cost Definition of cost for English Language Learners. : the price of something : the amount of money that is needed to pay for or buy something. : an amount of money that must be spent regularly to pay for something (such as running a business or raising a family)
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Relevant cost Relevant cost. A relevant cost (also called avoidable cost or differential cost) is a cost that differs between alternatives being considered. It is often important for businesses to distinguish between relevant and irrelevant costs when analyzing alternatives because erroneously considering irrelevant costs can lead to unsound business decisions. Also, ignoring irrelevant data in analysis can save time and effort.
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tax burdennoun  [ C, usually singular] uk ​ us ​ ECONOMICS, TAX. › the total amount of tax paid by a particular group of people, an industry, etc., especially as compared to what other groups, industries, etc. pay: business/corporate/property tax burden There are growing protests from the corporate sector that the business tax burden in Britain is rising.
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What is the 'Burden Rate' The burden rate consists of indirect costs associated with employees, over and above gross compensation or payroll costs. Typical costs associated with the burden rate include payroll taxes, worker's compensation and health insurance, paid time off, training and travel expenses, vacation and sick leave, pension contributions and other benefits. The burden rate provides a truer picture of total labor costs than payroll costs alone.
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Accounting for Burden Costs You determine if you want to account for the burden costs. You can choose one of the following accounting methods: Account for burden costs by burden cost component. Account for the total burdened costs. Perform no accounting -- calculate burden costs only for use in management reporting with no accounting impact.
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- original cost. Definition. The total costs associated with the purchase of an asset, for accounting purposes. Use original cost in a sentence. “ The original cost of the item was not that high and I knew we could afford it with what we had at the moment.
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What is the 'Burden Rate' Many of the costs associated with the burden rate are hidden costs that are not readily apparent. Since total labor costs, including the burden rate, may be as much as 50% higher than payroll costs alone, it is necessary to calculate the burden rate accurately to get a better picture of profitability.RELATED TERMS.ypical costs associated with the burden rate include payroll taxes, worker's compensation and health insurance, paid time off, training and travel expenses, vacation and sick leave, pension contributions and other benefits. The burden rate provides a truer picture of total labor costs than payroll costs alone.
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Definition of âdebt burdenâ - English Dictionary uk ​ us ​ also debt load. › ECONOMICS, FINANCE the amount of debt owed by a person, company, or country: The EU is participating in the initiative to ease the debt burden of the highly indebted poorer countries of the world. The company announced yesterday that it plans to sell off various parts of the business to reduce a debt burden of about $18bn. (Definition of “debt burden” from the Cambridge Business English Dictionary © Cambridge University Press)
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- DEFINITION of 'Delivered Duty Paid-DDP'. A transaction in which the seller must pay for all of the costs related to transporting the goods and is responsible in full for the goods until they have been received and transfered to the buyer.
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- Cost load is to apply Budgeted Cost to the required activities with necessary cost account and resource. It is another version of BQ and used for progress payment.ost load is to apply Budgeted Cost to the required activities with necessary cost account and resource. It is another version of BQ and used for progress payment.
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tax burden meaning, tax burden definition | English Cobuild dictionary tax burden meaning, tax burden definition | English Cobuild dictionary. burden. 1 n-count If you describe a problem or a responsibility as a burden, you mean that it causes someone a lot of difficulty, worry, or hard work. The developing countries bear the burden of an enormous external debt..., Her death will be an impossible burden on Paul..., The financial burden will be more evenly shared.
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Avoided Cost Avoided Cost. 11.12.14 | posted by. Avoided cost analysis is a widely accepted method for estimating the economic benefits associated with renewable energy, energy efficiency, or conservation programs. Naturally, the term “avoided cost” refers to the cost no longer incurred as the result of a project or action.