Question

Overhead refers to ______.

पर्याय

• Direct or prime cost

• All indirect costs

• Only factory indirect costs

• Only indirect expenses

Answer 1

Overhead refers to all indirect costs.
Explanation:

Overhead refers to any indirect expenditures associated with operating a firm that cannot be clearly linked to a specific product or service. This includes indirect supplies, indirect labour, and indirect expenses, including rent, utilities, and administrative fees.