A cost driver, also known as an activity driver, refers to a cost unit. Machine setups, maintenance requests, power consumed, purchase orders, quality inspections, and production orders are all ...

Cost allocation ... Indirect costs are those that are incurred for common or joint objectives and therefore cannot be identified readily and specifically with a particular sponsored project, an ...

Accordingly, the institution seeks to encourage grant writing by allocating indirect funds in a manner that rewards ... activities are funded appropriately. Definitions and Examples Direct costs are ...

The purpose of this document is to: Cost allocation decisions are subject to verification ... or any other institutional activity. Examples of Indirect Costs Generally Not Charged Directly to ...