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Question
Which of the following are overhead expenses?
Which of the following are overhead expenses?
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Solution
The correct options are
A Amount spent on repairs
B Labour charges
D Transportation
When an article is bought or sold, some additional expenses occur while buying or before selling it. These expenses have to be included in the cost price.
These expenses are referred to as Overhead Expenses.
These may include expenses like amount spent on repairs, labour charges, transportation, etc.,
A Amount spent on repairs
B Labour charges
D Transportation
When an article is bought or sold, some additional expenses occur while buying or before selling it. These expenses have to be included in the cost price.
These expenses are referred to as Overhead Expenses.
These may include expenses like amount spent on repairs, labour charges, transportation, etc.,
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