| # Cost Types Labor A specific task. You can use labor codes to control the costs of a labor code or of a group of labor codes. Materials The substance of which an item is composed, for example, wood, copper, nylon. Equipment A cost type that is required for resources, which is not consumed while the project is carried out. Examples of equipment are machinery and tools. Subcontracting A type of cost object representing services purchased from a third party for use in a project. Sundry Costs Indirect cost and costs that do not belong to other cost types are booked as sundry costs, for example, insurance costs. Reference Activity The smallest unit of work that is required. For example, to carry out a maintenance activity. |