Need to allocate indirect costs? Enter your total indirect costs and allocation base, and our Indirect Costs Advanced Calculator will show you the indirect cost rate.
Indirect Costs Calculator
Indirect Costs Calculator
| Component | Description |
|---|---|
| Total Indirect Costs | The total amount of indirect costs associated with production or operations, such as utilities, rent, and administrative expenses. |
| Allocation Base | The base used to allocate indirect costs, such as direct labor hours or machine hours. |
| Indirect Cost Rate | The rate at which indirect costs are applied to the allocation base. |
| Formula | Indirect Cost Rate = Total Indirect Costs / Allocation Base |
| Purpose | Used to allocate indirect costs to production or operations, aiding in accurate costing and pricing. |