Direct Manufacturing Cost definition

Direct Manufacturing Cost of an ALL Component means the actual, direct cost per unit, for clarity excluding overhead, of manufacture of such ALL Component, as determined in accordance with GAAP and ALL’s auditable, DCAA approved rate structure.
Direct Manufacturing Cost means the costs directly attributable to manufacturing Product (i.e. those costs whose total will vary with quantity of production but which are relatively fixed with respect to a unit of production), including, but not limited to, direct labor and benefit expenses and consumable raw materials and other production materials, determined in accordance with generally accepted cost accounting standards.
Direct Manufacturing Cost shall include the sum of manufacturing fees; raw materials; direct labor; quality, release and in-process control costs; charges for reasonable spoilage, scrap or rework costs; freight and duty, and factory overhead costs that can be directly attributed to such Compound, including but not limited to equipment maintenance and repair, supplies, ongoing stability program costs, other plant services, indirect labor and depreciation on direct capital assets.

Examples of Direct Manufacturing Cost in a sentence

  • NOVARTIS may, upon written request and at its expense (except as provided for in Clause 12.2), cause an internationally-recognized independent accounting firm selected by it (except one to whom GW has a reasonable objection), (the “Audit Team”) to audit during ordinary business hours, at such place or places as they are customarily kept, the books and records of GW and its Affiliates for a given Contract Year and the correctness of the Direct Manufacturing Cost in such year.


More Definitions of Direct Manufacturing Cost

Direct Manufacturing Cost means (a) costs directly attributable to Manufacturing, quality assurance and quality control related to a unit of Product on a per tablet basis, including, but not limited to, direct labor and benefit expenses for Manufacturing, and consumable bulk and other product materials, as determined in accordance with United States generally accepted cost accounting practices consistently applied, plus (b) fixed Manufacturing overhead costs allocable to the Product based on the actual percentage utilization (including start-up and shut-down time) of the capacity of the manufacturing facility, including, but not limited to, direct benefit and labor expenses for technical services and support services, depreciation, maintenance and repairs and insurance costs associated with such utilization of the manufacturing facility, as determined in accordance with United States generally accepted cost accounting practices consistently applied. In no event shall charges for (i) idle capacity or underutilized facilities or (ii) any Direct Development Costs be included in Direct Manufacturing Costs.
Direct Manufacturing Cost means any direct costs, expenses or expenditures incurred by the Company Entities and the Purchaser Entities in the manufacture of Wireless Sensing Products, including, without limitation, materials, subcontract assembly testing, shipping, quality assurance and configuration. To the extent the manufacture of Wireless Sensing Products is not outsourced to a third party, Direct Manufacturing Cost shall also include any overhead charges reasonably allocated to labor, plant and equipment costs directly associated with the manufacture, testing, shipping, quality control and configuration of Wireless Sensing Products.
Direct Manufacturing Cost means the direct out-of-pocket costs actually incurred for the manufacturing, Labeling and Packaging of the Product including the cost of all API and excipient raw material ingredients, packaging components, and direct labor, including quality control and assurance testing that are a necessary part of manufacturing. Manufacturing Costs shall not include any allocations for overhead, depreciation or other indirect costs.
Direct Manufacturing Cost means the direct out-of­pocket costs actually incurred by Sucampo or its Third Party contract manufacturer for the manufacturing, Labeling and Packaging of the Product, including API, excipients, Packaging and Labeling components, internal direct labor, and quality control and assurance testing that are a necessary part of manufacturing.
Direct Manufacturing Cost of MacroPore with respect to a Product for a particular period means MacroPore's per unit average direct material, direct labor and variable manufacturing overhead costs for such Product during such period.
Direct Manufacturing Cost means all costs of […***…] incurred with respect to […***…], but shall not include […***…]. Absent the requirements of applicable law, the FDA or any Regulatory Agency or the occurrence of any circumstances covered by the language of […***…].
Direct Manufacturing Cost means Triangle's or its Affiliate's or sublicensee's, as applicable, direct costs of manufacturing Bulk Drug Substance including labor, materials, utilities, depreciation, allocated manufacturing overhead and other manufacturing expenses applied by Triangle , its Affiliate or sublicensee and conforming to generally accepted accounting principles in the country of manufacture, the details of which shall be as determined in good faith by Triangle. In the event Triangle, its Affiliates or sublicensees purchase Bulk Drug Substance from an independent third party, the Direct Manufacturing Cost for any quantities so purchased shall be the acquisition cost on an F.O.B. formulating site basis (including custom duties) from such third party plus, in the case of any quantities so purchased from any of Mitsubishi's subcontractors identified in Section 13.3, any brokers' fees paid, directly or indirectly, by Triangle in connection with such purchase.