define over head expenses
Answers
Answered by
2
Answer:
In business, overhead or overhead expense refers to an ongoing expense of operating a business. Overheads are the expenditure which cannot be conveniently traced to or identified with any particular cost unit, unlike operating expenses such as raw material and labor.
Answered by
14
Answer:
Overhead refers to the ongoing business expenses not directly attributed to creating a product or service. It is important for budgeting purposes but also for determining how much a company must charge for its products or services to make a profit.
Step-by-step explanation:
@Genius
Similar questions
Math,
1 month ago
Math,
1 month ago
Computer Science,
1 month ago
English,
3 months ago
Physics,
3 months ago
Social Sciences,
10 months ago
Computer Science,
10 months ago
English,
10 months ago