Classify the following costs as direct, indirect, or neither:
Definitions:
Schedule of Cost
A detailed report listing all costs associated with a project, including direct, indirect, fixed, and variable costs.
Manufactured
Refers to items that have been produced or constructed from raw materials in a factory setting.
Operations
The day-to-day activities required for continued business functioning, focusing on creating and delivering products or services.
Predetermined Overhead Rate
A rate used to apply manufacturing overhead cost to products, calculated before the manufacturing process begins based on estimated costs.
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