Indirect costs include all the following EXCEPT:Equipment/instrument purchase and/or lease expensesNon-testing personnel salaryLab director and supervisor salariesTechnologist salary

Which three of the following items are examples of direct costs for your project?1 pointWages and salaries of employees and contractors Staff trainingMaterials costsUtilitiesGeneral office equipment

Direct costs are defined as the expenses associated with the output of the operation. Examples would include:Hands-on labor to perform the necessary patient testing including test calibration and QCReagents and consumable supplies required for patient testing and test calibration/QCEquipment and instrument purchase or leaseA and BA, B and C

Indirect costs are:Question 2Answera.Costs that can be directly attributed to the production of goodsb.Costs that cannot be easily traced to a specific cost objectc.Fixed costs that remain constant regardless of activity levelsd.Easily traceable to a specific cost object

Which definition best describes indirect costs? Indirect costs are those costs which are not controlled directly by a manager Indirect costs are those costs which cannot be directly associated with a product or service. Indirect costs are always fixed. Indirect costs are always manufacturing overhead costs.

In cost-benefit analysis, what is meant by "costs"? Choose 1 answer Only the direct financial expenditures Both direct and indirect expenses, including non-monetary factors Only the indirect non-monetary factors The total revenue generated