A federal judge tossed out the National Science Foundation’s policy capping reimbursements for costs indirectly related to ...

Harvard’s Indirect Cost Rate, Explained Nearly two months after the Feb. 7 executive order from the National Institute of Health attempting to slash overhead funding, uncertainty persists ...

There are two different types of labor costs -- direct and indirect. The two labor cost metrics, in the manufacturing sectors, are based on the labor required to produce products versus labor ...

Absorption costing is a managerial accounting method that captures all costs—both fixed and variable—associated with the manufacture of a particular product.

For manufacturing companies, procurement costs often represent a significant portion of total expenses. This financial reality shows why procurement excellence directly impacts profitability and ...

After two decades of work in biomedical research policy, there is no topic Carrie Wolinetz hates talking about more than indirect costs. She’s addressing them now because they are crucial.

Manufacturing businesses have costs associated with manufacturing and nonmanufacturing business functions. These costs are directly apportioned to the direct versus indirect costs associated with ...

Jonathan Wosen is STAT’s West Coast biotech & life sciences reporter. You can reach Jonathan on Signal at jwosen.27. Angus Chen covers all issues broadly related to cancer including drugs ...

A federal judge on June 20 rejected the National Science Foundation’s move to cap indirect costs related to its research grants at 15%, following similar decisions by other courts. Most universities ...

Two months after the National Institutes of Health unilaterally capped indirect research cost reimbursement rates at 15 percent—which a federal judge has permanently blocked—the Department of Energy ...

Cost of goods sold (COGS) includes all of the costs and expenses directly related to the production of goods. COGS excludes indirect costs such as overhead and sales and marketing.