Definition of "Direct costs"
Shannon Mcaulay, Real Estate Agent
Century 21 Family Realty
(1) Costs in erecting a new building involved with either site preparation or building construction, including fixtures, in contrast to indirect costs which include building permits, land survey, and overhead costs such as insurance and payroll taxes. (2) Costs that can be directly identified with the costing object such as a piece of property and department.
Have a question or comment? We're here to help.