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20192020 Research Activity Award Application Faculty and Research Staff About these awards: Five percent of indirect costs from grants and contracts is returned to the College to be used for Research
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How to fill out distribution of indirect costsresearch
01
Identify all indirect costs associated with the research project.
02
Determine the appropriate allocation base for distributing the indirect costs (e.g. labor hours, square footage, etc.).
03
Calculate the allocation rate by dividing the total indirect costs by the total allocation base.
04
Allocate the indirect costs to each cost objective based on their usage of the allocation base.
05
Review and verify the distribution of indirect costs to ensure accuracy and compliance with regulations.
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What is distribution of indirect costsresearch?
The distribution of indirect costs research refers to the method of allocating indirect costs associated with research projects to various beneficiaries or cost centers within an organization.
Who is required to file distribution of indirect costsresearch?
Organizations that receive federally funded research grants or contracts are typically required to file a distribution of indirect costs research.
How to fill out distribution of indirect costsresearch?
To fill out the distribution of indirect costs research, organizations must identify their indirect costs, categorize them appropriately, and allocate them to specific research projects or departments as per guidelines provided by funding agencies.
What is the purpose of distribution of indirect costsresearch?
The purpose of distribution of indirect costs research is to ensure that indirect expenses related to research activities are fairly allocated among various projects and to provide transparency in the use of research funds.
What information must be reported on distribution of indirect costsresearch?
Information that must be reported includes the total amount of indirect costs, the basis for allocation, the specific research projects benefited, and the method used for calculating the distribution.
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