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DOTTED. S. Department of Transportation Federal Transit AdministrationApplication Federal Award Identification Number OR201904600 (FAIN) Temporary Application Number669620191Application Namely 2017
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How to fill out and indirect cost
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To fill out indirect cost, follow these steps:
02
Identify the direct costs associated with a specific project or activity.
03
Determine the appropriate indirect cost rate to be applied to the direct costs. This rate is typically provided by the organization's accounting department or finance team.
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Calculate the indirect cost by multiplying the direct costs with the indirect cost rate.
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Include the indirect cost in the total project or activity budget.
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Review and double-check the accuracy of the calculations before finalizing the indirect cost.
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Enter the indirect cost amount in the designated field or category within the financial or budgetary documentation.
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What is and indirect cost?
An indirect cost is a cost that cannot be easily traced to a specific cost object or activity.
Who is required to file and indirect cost?
Certain organizations or entities may be required to file indirect costs depending on their funding source or contractual agreements.
How to fill out and indirect cost?
To fill out an indirect cost, one must properly allocate and categorize costs that are not directly tied to a specific project or program.
What is the purpose of and indirect cost?
The purpose of an indirect cost is to account for expenses that benefit multiple projects or programs but cannot be directly attributed to any single one.
What information must be reported on and indirect cost?
Information such as total indirect costs incurred, allocation methodology used, and supporting documentation may need to be reported on an indirect cost.
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