Join the waitlist

MTDC CalculatorModified Total Direct Costs under 2 CFR 200.1

What do these figures come to once the work is shown?

Modified total direct costs with the $50,000 per-subaward cap and the excluded costs, line by line.

  • Runs in your browser
  • Nothing stored or sent
  • Free, no sign-up
Your figures
Example figuresIllustrative only. Type over them with your own.
MTDC
$680,000
Base for the indirect cost rate
Subaward amounts in MTDC (first $50,000 of each)
$80,000
Subaward amounts above $50,000 each (excluded)
$30,000
Drawn to one scale
Subaward amounts in MTDC (first $50,000 of each)$80,000
MTDC$680,000
Subaward amounts above $50,000 each (excluded)$30,000
Total excluded from MTDC$115,000
Total direct costs$795,000
All results
MeasureResult
Subaward amounts in MTDC (first $50,000 of each)$80,000
MTDC$680,000
Subaward amounts above $50,000 each (excluded)$30,000
Total excluded from MTDC$115,000
Total direct costs$795,000
How this was worked out
Work shownrecomputed as you type
MTDC = salaries and wages + applicable fringe + materials and supplies + services + travel + first $50,000 of each subaward
Excluded: equipment, capital expenditures, patient care, rental costs, tuition remission, scholarships and fellowships, participant support costs, and each subaward above $50,000

Illustrative arithmetic on the figures you enter. Check the result against your firm's methodology before relying on it.

The formulas

  • MTDC = salaries and wages + applicable fringe + materials and supplies + services + travel + first $50,000 of each subaward
  • Excluded: equipment, capital expenditures, patient care, rental costs, tuition remission, scholarships and fellowships, participant support costs, and each subaward above $50,000

How it works

2 CFR 200.1 defines modified total direct cost as direct salaries and wages, applicable fringe benefits, materials and supplies, services, travel, and up to the first $50,000 of each subaward regardless of the period of performance. Other items may be excluded only to avoid a serious inequity, with the approval of the cognizant agency for indirect costs, which this tool does not model.

MTDC is the base that the de minimis rate is applied to.

Illustrative figures only. Check the result against your firm's methodology before relying on it.

Common questions

Is the $50,000 per subaward per year?

No. The definition applies the first $50,000 of each subaward regardless of the period of performance of the subaward.

Is equipment in the base?

No. Equipment and capital expenditures are excluded.

Sources

Runs in your browser. The figures you type are not sent to CORAA or stored. Check the result against your firm's methodology before relying on it.

Related audit calculators

CalculatorDe Minimis Indirect Cost Rate Calculator (2 CFR 200.414(f), up to 15% of MTDC)Indirect costs at a de minimis rate of up to 15 percent of modified total direct costs, with a flag when the rate entered is above the cap.CalculatorForm 5500 Audit Requirement Calculator: 100-Participant Test and 80-120 RuleSmall plan or large plan from the participant count and the prior-year filing, with the 80-120 participant election and the audit consequence.CalculatorCalifornia CPE Hours Tracker: 80 Hours, 20 per Year, Technical and EthicsRemaining hours against the California Board of Accountancy renewal rules in 16 CCR 87: 80 hours, 20 per year, 12 technical per year, 50 percent technical and 4 ethics.
For US CPA firms

Join the CORAA waitlist

CORAA AI drafts audit working papers from your client’s QuickBooks books and does the first pass: lead schedules, tie-out, memos, draft notes and letters. CORAA Network reviewers clear every finding. Your firm reviews and signs.

  • First audit free, so you can judge the quality on a real file
  • Flat fee by entity size; messy books included
  • We work only with CPA firms, never their clients
See how it works →

* required