Buying Price + Overhead expenses = _____________
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Suppose a shopkeeper buys an almirah from retailer at a cost price of Rs 12,000. He needs to spend Rs 300 on its transportation. Then he spends Rs 500 on its maintenance. Now, these extra amount that shopkeeper pays other than the cost price, i.e., in transportation and maintenance, is known as overhead expenses.
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Answered by
4
Step-by-step explanation:
Suppose a shopkeeper buys an almirah from retailer at a cost price of Rs 12,000. He needs to spend Rs 300 on its transportation. Then he spends Rs 500 on its maintenance. Now, these extra amount that shopkeeper pays other than the cost price, i.e., in transportation and maintenance, is known as overhead expenses
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