1787. Overhead refers to:

Direct or Prime Cost
All Indirect costs
only Factory indirect costs
Only indirect expenses
✅ The correct answer is B.
Overhead refers to all Indirect costs. Indirect costs include administration, personnel and security costs. These are those costs which are not directly related to production. Some indirect costs may be overhead. But some overhead costs can be directly attributed to a project and are direct costs.

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top