Question

what is overhead expense
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Answer 1

Answer:  extra expenses include shipping and delivering charges of commodity, insurance, repairs, rent, taxes, etc. These extra expenditures are known as overhead expenses. Now, these extra amount that shopkeeper pays other than the cost price, i.e., in transportation and maintenance, is known as overhead expenses. It is added to the cost price.

Answer 2

Sometimes, after purchasing an article, we have to pay some more money for things like transportation, labour charges, repairing charges, local taxes, etc. These extra expenses are called overhead expenses.