What is another word for indirect costs?
Pronunciation: [ɪnda͡ɪɹˈɛkt kˈɒsts] (IPA) 
Indirect costs are expenses incurred in the production process that do not directly contribute to the production of goods or services. They are often referred to as overhead costs and may include expenses such as rent, utilities, and maintenance. Other synonyms for indirect costs include hidden costs, ancillary costs, and overhead expenses. These costs can have a significant impact on a business's profitability and must be carefully managed. Failure to adequately account for indirect costs can lead to incorrect pricing, inefficient operations, and reduced profitability. Effective management of indirect costs requires careful planning, monitoring, and control to ensure that they are kept to a minimum while still delivering the desired level of service or product quality.
