adverbabove your head; in the sky nounthe expense of maintaining property (e.g., paying property taxes and utilities and insurance); it does not include depreciation or the cost of financing or income taxes noun(nautical) the top surface of an enclosed space on a ship ...
Definition:Factory overhead is basically the costs of running a business that can’t be directly attributed to a product or service. Factory overhead usually relates to factories or production of goods. So factory overhead is a cost that the business has to incur in order to produce its prod...
to plunge overhead in water; to sink overhead in debt. adjective situated, operating, or passing above, aloft, or over thehead:heads: an overhead sprinkler system. of or relating to the general cost of running a business: overhead expenses; an overhead charge. ...
Still, it's best to seek assistance from an accountant to ensure you've tracked this type of transaction accordingly in QuickBooks. I've also added a resource that provides complete insights about overhead expenses: Overhead Costs: Meaning, Types, and Examples. This way, you can confidently h...
overhead cost, meaning you’ll pay the same amount every month. If you have a rental contract you can budget ahead and assume that your rent will remain consistent, but if you rent month-to-month or your lease is ending, you may need to set aside additional funds in case your rent ...
Is the rental cost of a building considered overhead? Dictionary A B C D E F G H I J K L M N O P Q R S T U V W X Y Z Advance Your Accounting and Bookkeeping Career Perform better at your job Get hired for a new position ...
Overhead roof - double meaning? [tautology]- English Only forum overhead view / aerial photo- English Only forum Overhead vs turnover- English Only forum overhead,way and days rhyme with each other?- English Only forum the cost, commitment, administrative and development overhead, and- Englis...
Definition:A standard overhead cost, also called a rate, is the amount of budgeted overhead expenses for a period. In other words, this is the amount of costs that management anticipates and plans to incur in the nextperiod. What Does Standard Overhead Cost Mean?
What is an overhead cost? Overhead costs encompass various expenses a business need to maintain its daily operations. These costs are fixed, meaning that an overhead expense is related to operating costs. These costs are not directly tied to the production of goods or services but are essentia...
What is the meaning of fixed overhead absorbed? What do overabsorbed and underabsorbed mean? Can absorption costing cause an increase in net income? What is the death spiral? How do you determine the fixed portion of overhead cost?