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What else can I help you with?
Why does technology make everything more costly?
utility expense, repairs & maintenance, overhead expense, supplies
What are the two largest categories of airline overhead expense?
Fuel & Labor
What are departmental overhead rates?
Departmental overhead rates are an expense assigned to products associated with a particular department. Overhead rates help businesses remain within the boundaries of a budget.
What are the suitable account expense name for furniture's and fixtures?
fixed assets
Do you list property tax as factory overhead?
No, property taxes would not be classified as factory overhead...property taxes get paid under an expense account
Is manufacturing overhead an expense account?
No. It is a manufacturing control account that increases with debits and decreases with credits.
What is the most common base for calculating general and administrative overhead rate?
total G & A expense
What is the difference between general and administrative expense and overhead expense?
General and administration expenses are those expenses incurred to run day to day business activities. Overhead expenses are factory expenses incurred to run the day to day activities of running production process.
When the variable costing method is used how does fixed factory overhead appear on the income statement?
fixed expense
Are office supplies part of inventories?
Office supplies are overhead expenses which are listed in the expense category
Is warranty labor spent troubleshooting and repair an overhead expense?
yes it is. because is it not directly attributable to your operation, ie, billable repairs
What is the definition of overhead?
operating expense: the expense of maintaining property (e.g., paying property taxes and utilities and insurance); it does not include depreciation or the cost of financing or income taxeswordnet.princeton.edu/perl/webwnOverhead is the costs which are necessary for the continuity of a business, for example rent expense, electricity bill, and water bill and others.
