Factory overhead and direct labor are manufacturing and manufacturing costs (direct materials + direct labor + manufacturing overhead). Stated succinctly, manufacturing is turning raw materials into a ...

Overhead costs are ongoing expenses a business incurs to operate. Many expenses are considered overhead costs, including rent, utilities, depreciation and labor. An overhead rate, or predetermined ...

Overhead allocation is a source of great disagreement in our industry. Should the allocation be based on job price? On job cost? Per project? Or per field man-hour. We understand the pros and cons of ...