Question

Overheads means what? And tell me 1 problem with process..

Answer 1

Overhead is those costs required to run a business, but which cannot be directly attributed to any specific business activity, product, or service. Thus, overhead costs do not directly lead to the generation of profits. Overhead is still necessary, since it provides critical support for the generation of profit-making activities. For example, a high-end clothier must pay a substantial amount for rent (a type of overhead) in order to be located in an adequate facility for the sale of clothes. The clothier must pay overhead to create the proper retail environment for its customers. Examples of overhead are:

Accounting and legal expenses

Administrative salaries

Depreciation

Insurance

Licenses and government fees

Property taxes

Rent

Utilities

Answer 2

Sorry but I'm not finding the answer