Table 6 shows that among the small contractors, the use of preliminary items and bill of quantities in project overhead cost
allocation ranked first with MS of 4.
calculation methods (2004) 58% in percentages using of own overhead cost
index 17% in percentages using of own overhead cost
index or using preliminary 25% using preliminary Note: Table made from bar graph.
of a company are an important research object for construction economics scientists and analysts.
These traditional cost systems often lost their ability to find exact information about costs for individual output, services and costumers, because they allocate growing shares of overhead costs
according simply keys, most of the time proportionally according to the high of the direct costs.
Based on the regression results and the foregoing analysis, the accountant should recommend that machine hours be selected as the cost driver to apply overhead costs
It is obvious, that if a contractor does not know his actual overhead costs
, an unsuccessful effort to cover the company's overhead costs
may result in financial collapse of a construction company.
These systems initially trace overhead costs
to specific manufacturing support and production departments and then use departmental rates to allocate these costs to individual products.
Greater control over factory overhead costs
can be achieved if two accounts are used, one to record the actual factory overhead costs
incurred (Factory Overhead Control) and another to record the amount applied to products (Factory Overhead Applied).
If the actual factory overhead costs
are different than expected or if the allocation basis usage is not as anticipated, the amount of factory overhead applied to the products will not equal the amount of cost incurred.
Thus, the plain language of the constitutional provision approved by the voters only required the counties to pay overhead costs
for the offices specified in subsection (c)," wrote Justice Peggy Quince in the September 22 opinion, in which the other six justices concurred.
With labor and overhead costs
lower, they will likely justify sourcing from China, but there are a myriad of logistical and cultural issues to navigate.
FlexNet, a radio frequency (RF) fixed network utility meter reading system designed to increase meter reading efficiency, reduce overhead costs
, and enhance customer service, is now available to the electricity and combination utilities.