Examlex
Define the following terms
-design notation
Building Cost
The total expenses involved in constructing a building, including material, labor, and other direct and indirect costs.
Allocated
The process of assigning or distributing resources or expenses to various accounts or periods.
Square Feet
A unit of area measurement equivalent to a square measuring one foot on each side, commonly used in measuring real estate and building spaces.
Indirect Expenses
Costs that are not directly attributable to a specific product or service but are necessary for the overall operation of a business, such as utilities, rent, and administrative salaries.