Financial Direct Cost Form
Financial Direct Cost Form
Project/Department: [Title]
Date: [Month Day, Year]
Direct Material Costs
|
Item No. |
Description |
Quantity |
Unit Cost ($) |
Total Cost ($) |
|
1 |
Steel sheets |
100 |
10.00 |
$1,000.00 |
|
2 |
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|
3 |
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|
Total Material Costs |
$1,000.00 |
|||
Direct Labor Costs
|
ID |
Role/Title |
Hours |
Rate/Hour ($) |
Total Cost ($) |
|
1234 |
Welder |
40 |
25.00 |
$1,000.00 |
|
Total Labor Costs |
$1,000.00 |
|||
Direct Expenses
|
Item No. |
Description |
Quantity |
Unit Cost ($) |
Total Cost ($) |
|
1 |
Machine Rental |
1 |
500.00 |
$500.00 |
|
2 |
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|
3 |
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|
Total Direct Expenses |
$500.00 |
|||
Subtotal of Direct Costs
|
Total Direct Material Costs |
$1,000.00 |
|
Total Direct Labor Costs |
$1,000.00 |
|
Total Direct Expenses |
$500.00 |
|
Subtotal (Materials + Labor + Expenses) |
$2,500.00 |
Additional Notes
Prepared By: [Your Name]
Date: [Month Day, Year]
Approved By: [Approver Name]
Date: [Month Day, Year]
