Search The Wiki For A Specific Term

Overhead


Fixed Overhead

Fixed Overhead basically includes those funds that would be required to operate a business as if there was no work on the books. It’s what keeps the doors open. Fixed Overhead costs are those regularly recurring expenses which are constant and do not normally...

Variable Overhead

The indirect costs of operating a  business that fluctuates somewhat with the level of business activity. While most overhead costs such as rent, salaries, and insurance are typically fixed, overhead costs that increase with higher business activity and decrease with...