overhead

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Overhead

The expenses of a business that are not attributable directly to the production or sale of goods.

Overhead

Costs that result from having and maintaining a business. Rent is a primary (and expensive) example of direct overhead, as are office supplies.

overhead

overhead

or

indirect cost

any COST that is not directly associated with a product, that is, all costs other than DIRECT MATERIALS cost and DIRECT LABOUR cost. Production overheads (factory overheads) include the cost of INDIRECT MATERIALS and INDIRECT LABOUR along with other production expenses like factory heat, light and power, and depreciation of plant and machinery. The cost of factory departments such as maintenance, materials stores and the canteen which render services to producing departments are similarly part of production overheads. Most SELLING COSTS and DISTRIBUTION COSTS and all ADMINISTRATION COSTS are also counted as overheads since they cannot usually be directly related to units of product. See also FIXED COST, STANDARD COST.
References in periodicals archive ?
He added that as in the past, Lone Star Overhead Doors will continue to offer quality products and garage door repair and services at competitive prices while broadening their offerings.
The response has been tremendous so far and we think that it is a great opportunity for those who need their torsion springs replaced or fixed,” Joe King, owner of Lone Star Overhead Doors said this week.
s partnership with Prospect Genius will help the overhead door company reach out to that crucial Internet demographic.
Tenders are invited for removal of overhead doors and installation of 5 new garage overhead doors with associated hardware, rails, springs and openers, at the authority~s manchester maintenance location.
Overhead Doors is a manufacturer of high-quality residential, commercial sectional and rolling steel doors.
Commercial overhead doors get much more use and must meet tougher standards and specifications than residential doors.
sara LBS, one of the UK's leading suppliers of industrial doors, is offering maximum safety and thermal efficiency in all sectional overhead doors by specifying Kingspan certified Firesafe door panel material as standard.
Mounted next to overhead doors on loading docks, the Flex LED dock light illuminates truck trailers.
The fire department will have new front and rear overhead doors, and they'll cost less that originally estimated.
Comes with 5 overhead doors, storm shutters, monitored alarm system and a sophisticated telephone system.