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What do you mean by the term Overheads?

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Question

What do you mean by the term Overheads?

Very Short Answer
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Solution

Overheads refer to indirect costs or expenses incurred by a business that are not directly attributable to the production or sale of specific goods or services.

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Elements of Cost
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Chapter 8: Fundamental Concepts of Cost - QUESTION BANK [Page 139]

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Goyal Brothers Prakashan Commercial Applications [English] Class 10 ICSE
Chapter 8 Fundamental Concepts of Cost
QUESTION BANK | Q 3. (i) | Page 139
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