Manufacturing overhead is an accounting term that refers to all indirect expenses incurred to build a product. For example, if your company uses a warehouse or production facility to produce a product ...

A business that produces goods or services must develop and maintain accurate estimates of the cost of production. Direct labor, meaning toe work required to actually make a product, is a critical ...

Suzanne is a content marketer, writer, and fact-checker. She holds a Bachelor of Science in Finance degree from Bridgewater State University and helps develop content strategies. Investopedia / Paige ...

Last month, we provided an article on overhead calculation and rate. That was Overhead Rates 101. In this month’s guest column, Ken Hedlund, Somerset CPAs (somersetcpas.com), introduces a more ...