Advertisements
Advertisements
Question
Which of the following is best suited meaning of overhead?
Options
Overhead is the cost incurred in the course of buying a product, providing a service or running a department, but which cannot be traced directly and in full to the product, service or department.
Overhead is the cost incurred in the course of making a product, providing a service or running a department, but which cannot be traced directly and in full to the product, service or department.
Overhead is the cost incurred in the course of selling a product, providing a service or running a department, but which cannot be traced directly and in full to the product, service or department.
Overhead is the cost incurred in the course of advertising a product, providing a service or running a department, but which cannot be traced directly and in full to the product, service or department.
Advertisements
Solution
Overhead is the cost incurred in the course of making a product, providing a service or running a department, but which cannot be traced directly and in full to the product, service or department.
APPEARS IN
RELATED QUESTIONS
Write short note on indirect labour cost.
Explain various types of Overheads.
A typical factory overhead cost is ______.
______ means amount spent on production or to provide services.
To control costs, it is essential to keep control on ______.
An example of a production overhead would be ______.
What do you mean by the term Overheads?
Overhead refers to ______.
What do you mean by office and administrative overhead?
Explain the following:
Material Cost
