Indirect costs are fat targets for budget slashers, but beware: They make science possible. They don’t pay for the chromatograph I use in my experiments, but they do pay for the electricity to run it.

Overhead costs are expenses tied to things other than the production of goods or services. ... Note what’s excluded from the formula above, especially expenses such as labor for production, which is a ...

The overhead ratio measures how much of a company's total revenue is spent on indirect costs. This metric is useful for identifying areas where costs can be reduced to improve profitability.

The costs of research and overhead have certainly gone up over time, but there is no reason why overhead should consume a significantly larger portion of the total expense.

Discover how cost accounting treats overhead expenses, how those expenses are different from direct labor, ... Formula, and Examples. Two-Bin Inventory Control: Definition, How It Works, and Example.

Overhead cost management involves a comprehensive approach encompassing various facets of business operations to ensure sustainable growth and profitability. This article explores 11 practical.

The 15% indirect cost rate cap policy will apply to all current grants "for go forward expenses from Feb. 10, 2025, forward, as well as for all new grants issued.

While the 15% cap on indirect costs proposed by NIH is on par with what most foundations pay, universities have gone along with taking significantly less than their actual overhead costs from ...

Hospital overhead costs rose by $2.7 billion in Rhode Island between 1996 and 2022. Rhode Island hospitals have the second-highest overhead costs in the country, report says.

As a general rule, businesses with over 35% overhead rates struggle to stay afloat, and the old NIH grant system pushes that line. By definition, indirect costs can’t directly be tied to ...

As part of a wider move by the Trump administration to slash wasteful spending, the National Institutes of Health announced that it would be cutting $9 billion in overhead costs associated with ...