Briefly explain Overheads with examples.

1.	Briefly explain Overheads with examples.
Answer» Overhead cost refer to those expenses associated with running a business that cannot be linked to producing a product or service.( Overhead expense are all costs on the income statement except for direct labour, direct materials, and direct expenses) Examples:- Insurance, Advertising, Rent, Repairs, Telephone bills, Electricity, Water bills

Answer»

Overhead cost refer to those expenses associated with running a business that cannot be linked to producing a product or service.( Overhead expense are all costs on the income statement except for direct labour, direct materials, and direct expenses)

Examples:- Insurance, Advertising, Rent, Repairs, Telephone bills, Electricity, Water bills

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Briefly explain Overheads with examples.

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