Question

Overhead expenses’ is always included

in________​

Answer 1

Answer:

Overhead expenses always included in sp or cp or profit or loss.

Step-by-step explanation:

Overhead expenses are all costs on the income statement except for direct labor, direct materials, and direct expenses. Overhead expenses include accounting fees, advertising, insurance, interest, legal fees, labor burden, rent, repairs, supplies, taxes, telephone bills, travel expenditures, and utilities.

Answer 2

• Overhead expenses are always included in the Cost Price.
• Overhead expenses are the additional expenses that are utilized while transportation, labor, rent, repair, telephone, and other bills, etc.
• The cost price of any article then becomes

        Original cost price = Cost price + Overhead expenses

Hence, Overhead expenses are always included in the Cost Price.