What is another word for Direct Service Cost?

Pronunciation: [da͡ɪɹˈɛkt sˈɜːvɪs kˈɒst] (IPA)

Direct service cost refers to the expenses directly incurred in providing a particular service or product to customers. Synonyms for this term include direct cost, service cost, or direct expenses. These synonyms highlight the core concept of this expenditure category, which encompasses the financial resources expended on labor, materials, and other resources directly connected to the delivery of a specific service. The purpose of tracking these costs is to accurately determine the overall expenses associated with providing each service, aiding in budgeting, pricing, and profit calculation. By understanding these synonymous terms, businesses can better analyze the financial implications of their direct service costs and make informed strategic decisions.

What are the opposite words for Direct Service Cost?

The antonyms for the term "Direct Service Cost" can be indirect cost, overhead cost, or operating expenses. Indirect costs are those expenses that are not directly linked with the production of goods or services, but are necessary for running a business. Overhead costs refer to those costs that are associated with the operation of a business and are not directly related to the production of goods or services. Operating expenses are the costs that a company incurs in its normal course of business. These costs are related to the day-to-day expenses of running a business, such as salaries and wages, rent, utilities, and insurance.

What are the antonyms for Direct service cost?

Word of the Day

Public Health Service US
The Public Health Service US is a healthcare organization that aims to improve the health and well-being of Americans. However, there are some antonyms that can be associated with ...