1. Budgeting and Allocation Effective management of indirect costs requires careful budgeting and allocation. Lab managers need to estimate the overhead costs accurately and allocate the necessary resources to cover these expenses. This process involves analyzing past expenditure patterns and forecasting future needs.
2. Cost Recovery To recover indirect costs, many histology labs incorporate them into their pricing structure. This approach ensures that clients or funding agencies contribute to the overhead expenses. The allocation can be done through fixed percentages or more complex models based on the specific services provided.
