Question

what are overheard expenses ?support tour answer with examples ​

Answer 1

Answer:

Hyyy

Step-by-step explanation:

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 : It refers to the cost of supporting manufacturing, service delivery, or selling.

Examples :

♢ Rent : Rent is the cost that a business pays for using its business premises. If the property is purchased, then the business makes mortgage payments

♢ Administrative costs : Administrative costs are costs related to the normal running of the business and may include costs incurred in paying salaries to a receptionist, accountant, cleaner, etc.

♢ Utilities : Utilities are the basic services that the business requires to support its main functions. Examples of utilities include water, gas, electricity, internet, sewer, and phone service.

♢ Insurance : Insurance is a cost incurred by a business to protect itself from financial loss. There are various types of insurance coverage, depending on the risk that may cause loss to the business.

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