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 taxes
wordnet.princeton.edu/perl/webwn
Overhead is the costs which are necessary for the continuity of a business, for example rent expense, electricity bill, and water bill and others.
A chain block is a device where a chain runs through an overhead steel pulley block and can be used to lift things and be locked into place. A very useful tool .
In sailing: the ropes used to move the sails around so the boat will move in the right direction when the wind blows. In elections: predetermining the outcome by cheating with the votes. In entertainment: heavy objects temporarily hung overhead such as lighting or trusses.
While overhead traveling cranes are sometimes operated manually, they are usually powered by electricity
If the cost can be tracked towards a cost object, then it is called overhead absorption. If the cost can not be tracked with respect to a specific cost center or cost object, then the entire cost is distributed to all the cost centers, based on the usage ratio. This is called Overhead apportionment. UdhayAnand AVB
Overhead power lines are insulated from ground, typically using strings of glass or ceramic insulators. The wire itself is bare, though - it does not have insulation on it. There are many different types of overhead power line, but I'm not aware of any that actually have insulation.
Overhead rate : Overhead rate = total overhead cost / direct labor OR Overhead rate = Total overhead cost / machine hours.
A bridge with overhead cables to support it.
Predetermined overhead rate is that overhead rate calculated before start of production to allocate overhead costs to units of products by using some ratio in relation to some other cost like material cost or labor cost or labor hours etc.
The highest point. It is used especially about the position of the sun; when the sun is at its zenith, it is as far from the horizon as it gets. At the equator, when the sun is at the zenith, it is right overhead.
The adverb is overhead.
The two types of overhead are fixed overhead and variable overhead. Fixed overhead remains constant regardless of production levels, while variable overhead fluctuates in direct proportion to production activity.
Overhead can be an adverb. But it can also be an adjective or noun. Planes flying "overhead" would be an adverb. Overhead wires would be an adjective. The overhead of a business would be a noun.
Overhead can be an adverb. But it can also be an adjective or noun. Planes flying "overhead" would be an adverb. Overhead wires would be an adjective. The overhead of a business would be a noun.
To calculate under or overapplied overhead, subtract the actual overhead costs from the applied overhead costs. If the actual overhead costs exceed the applied overhead costs, it is overapplied. If the applied overhead costs exceed the actual overhead costs, it is underapplied.
Combined overhead variance = fixed overhead variance + variable overhead varianceFixed Overhead :which remains fixed and donot change upto certain level of productionVariable Overhead: which keep changing with the change in production units.
Using direct labor hours: Overhead rate = Total Overhead Expenses /Direct labor hours Using Machine hours: Overhead rate = Total Overhead Expenses /Machine hours
The "overhead"