Why Overhead Costs Matter to Entrepreneurs?
Overhead is all expenses not related to producing your product or providing your service. In other words, overhead refers to the indirect costs of running your business. Types of Overhead There are three types of overhead costs: Fixed Costs – These expenses stay consistent each month. They are not dependent on the number of products […]
DIRECT VS INDIRECT COSTS
Hi, my name is Nancy and today I am going to continue our cost accounting series by explain the difference between direct and indirect costs. Now before we go any further, I need your help. You see, presently this channel does not receive any advertising revenue from YouTube. In order to receive advertising revenue, the […]