Question

1) Overtime salary and Nightshift allowance are examples of________?
1.Direct Labour cost
2.General and Administrative Cost
3.Indirect Labour cost Manufacturing 4.Overhead​

Answer 1

Answer:

4 overhead... How it helps you

Answer 2

Overhead​ Manufacturing cost

Explanation:

• Overhead is a term used to describe recurring business expenses that are not directly related to the creation of a product or service.
• It's crucial not only for budgeting, but also for deciding how much a company should charge for its products or services in order to break even. Regardless matter how much or how little a firm sells, it must pay overhead on a regular basis.
• A service-based firm with an office, for example, has overhead charges like rent, utilities, and insurance in addition to direct costs (such labour and supplies) of providing its service.
• Overhead expenses appear on a company's income statement and have a direct impact on the company's overall profitability. To calculate net income, commonly known as the bottom line, the corporation must account for overhead expenses.
• The company's net revenue, often known as the top line, is subtracted from all production-related and overhead expenses to arrive at net income.
• Overhead expenses can be constant, i.e., the same amount every time, or variable, i.e., the amount varies depending on the degree of activity in the business.
• Many larger businesses provide a variety of advantages to their employees, including keeping their offices stocked with coffee and snacks, gym discounts, company vacations, and company cars.
• All of these costs are considered overhead since they have no direct impact on the quality or service provided by the company.