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 classic literature ?
Once or twice flying machines, as they circled warily, came right overhead, and for a time Bert gave himself body and soul to cowering.
Even as he spoke, from high overhead came the deep resonant boom of a village drum.
Sometimes half the horde would follow from overhead a tiger or lion that had ventured out in the daytime.
According to Daylight's estimate, it was around seven o'clock; but the stars danced just as brilliantly, and faint, luminous streaks of greenish aurora still pulsed overhead.
By and by the black clouds rolled away and showed a blue sky overhead, with a silver moon shining sweetly in the middle of it and little stars winking merrily at Dorothy when she looked their way.
Yet I passed some cheerful evenings in that cool and airy apartment, surrounded by the rough brown boards full of knots, and rafters with the bark on high overhead.
Venturing one day to substitute deeds for words, he turned up his cuffs, seized a plasterer's board, and having loaded his trowel without mishap, with a complacent look toward the lathing overhead, made a bold gesture thitherward; and straightway, to his complete discomfiture, received the whole contents in his ruffled bosom.
A tangled mass of women, with drawn, white faces and open mouths, is shrieking like a chorus of lost souls; and the red-faced man, his face now purplish with wrath, and with arms extended overhead as in the act of hurling thunderbolts, is shouting, "Shut up
When thy bird screamed overhead, when thou stoodest in the forest, irresolute, ignorant where to go, beside a corpse:--
The house had fallen into a dead silence; a whole minute passed away, and nothing stirred but the bats overhead.
Only overhead in the birches under which he stood, the flies, like a swarm of bees, buzzed unceasingly, and from time to time the children's voices were floated across to him.
How long he slept, matters not; but it was for no brief space, for when he awoke, the rich light had faded, the sombre hues of night were falling fast upon the landscape, and a few bright stars were already twinkling overhead.