Direct Cost: Definition, Formula & Examples


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question 1 of 3

What are direct costs?

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1. What is one reason for calculating direct costs?

2. What is one way direct costs are calculated?

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About This Quiz & Worksheet

Using their knowledge of direct cost, students answer expense problems in this interactive quiz and printable worksheet. Terms you need to be familiar with to pass the quiz include various types of expenses.

Quiz & Worksheet Goals

Use these assessment tools to check your knowledge of:

  • Calculating direct cost
  • Showing examples of direct cost
  • Tracking direct cost

Skills Practiced

This quiz/worksheet combo can be used to help students practice these skills:

  • Information recall - access the knowledge you have gained regarding direct cost
  • Reading comprehension ensure that you can draw the most important information from the related expense lesson
  • Making connections - use understanding of the concept on direct costs

Additional Learning

To learn more about direct costs, review the corresponding lesson Direct Cost: Definition, Formula & Examples. This lesson will help you:

  • Calculate direct costs
  • Find examples of direct cost
  • Determine how tracking direct costs affect decisions
  • Explain the reasons why direct costs are calculated