Discover what applied cost means in accounting, how it works with allocation rates, and see an example to understand its role ...

Overhead costs are expenses tied to things other than the production of goods or services. Here's how to calculate overhead.

Many of the costs a business incurs doing business come down to its ability to deliver a product or service to customers. But not all of them. Companies need to consider overhead costs as well. These ...

Companies can categorize their expenses into two categories: direct expenses and indirect expenses. Direct expenses are those that contribute directly to the product or service. The American Heritage ...

Pricing is a key marketing strategy to help you stay ahead of the competition, maximize sales and generate the highest potential gross profits. Without knowing your overhead and labor costs, it's ...

In financial accounting and taxes, attributing expenses to the correct category isn’t just a tip or guideline; it’s a requirement when filing IRS forms, requesting grant funds, or reporting to ...

Every now and then, you must be controversial and address a subject where your beliefs run counter to common practice. Overhead and overhead-cost recovery is one of these subjects. The controversy has ...