Define overhead charges
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The indirect costs or fixed expenses of operating a business (that is, the costs not directly related to the manufacture of a product or delivery of a service) that range from rent to administrative costs to marketing costs. Overheadrefers to all non-laborexpenses required to operate your business.
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Some times shop keeper has to
spend on additional expenses like
transportation , maintenance , labour,
repair , commission , rent of godown
etc ., in addition to the price paid to
buy an article . Such additional
expenses are called " overhead
expenses " and are to be added to
the Cost price .
Profit and Loss is always calculated
on this resultant price .
••••
spend on additional expenses like
transportation , maintenance , labour,
repair , commission , rent of godown
etc ., in addition to the price paid to
buy an article . Such additional
expenses are called " overhead
expenses " and are to be added to
the Cost price .
Profit and Loss is always calculated
on this resultant price .
••••
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