Overhead Definition | Becker
Accounting Dictionary
Overhead
- Overhead is any manufacturing cost that is not material or labor. Overhead includes both fixed and variable components and is "applied" to the products. See also direct material and direct labor and overapplied overhead and underapplied overhead. Indirect costs.
Related Terms:
Direct Materials [BAR]Direct Labor [BAR]Overapplied Overhead [BAR]Underapplied Overhead [BAR]Back to Dictionary