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Factory overhead is what it costs to run the factory. The cost accountant can look at the cost of overhead to find ways to minimize it, resulting in the cost of the product being lower.

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Related Questions

What is Applied manufacturing overhead?

what is factory overhead applied?


What is factory Overhead applied?

what isfactory overhead applied


Why factory overhead cost is applied on production?

Factory overheads are incurred only and only due to production of the goods. That is why the factory overhead cost is applied to production.


How do you calculate the amount of over or underapplied overhead?

how do you calculate the amount of the over-or under applied factory overhead?


Factory overhead should be allocated on the basis of?

factory overhead should be allocated on basis of their apportiomen


Is salary of factory manager a period cost?

Salary of factory manager is Manufacturing overhead. and Manufacturing overhead is Product costs. So, It's not period cost.


The difference between variable factory overhead incurred and total standard variable factory overhead based on the actual quantity of the cost driver for applying the overhead is the?

cheatFAIL


Is factory manager's salary part of factory overhead cost?

yes


Is depreciation of factory plant and equipment a factory overhead cost?

YES


Is Factory Overhead on income statement?

yes factory overhead is part of income statement and shown in cost of goods sold statement as a product cost.


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 direct labor used as part of the factory overhead?

Direct labor is not part of factory overhead while indirect labor is part of overhead as these labor expenses could not be calculated directly like factory supervisor salary or line manager salary etc.