overhead definition

overhead

General: Resource consumed or lost in completing a process, but which does not contribute directly to the end-product. Also called burden cost.

Accounting: Cost or expense (such as for administration, insurance, rent, and utility charges) that (1) relates to an operation or the firm as a whole, (2) does not become an integral part of a good or service (unlike raw material or direct labor), and (3) cannot be applied or traced to any specific unit of output. Overheads are indirect costs.

Data communications: Data bits added to user-transmitted data, for carrying routing information and error correcting and operational instructions.

Utilities: Energy or water lost during delivery from the generating or production plant to the end user.

overhead is in the Accounting & Auditing, Data Management, Communications, & Networks, Distribution & Logistics and Industries, Manufacturing, & Technology subjects.

overhead appears in the definitions of the following terms: marginal pricing, burden, variable production overhead expenditure variance, reorder cost, price of non quality (PONQ), full cost pricing, underapplied overhead, marginal cost, manufacturing cost, overhead rate and

overhead appears in the other terms: fixed production overhead volume variance, predetermined overhead rate, overapplied overhead, general overhead account, capacity overhead expense, variable production overhead efficiency variance, absorbed overhead, operating overhead expense, fixed overhead cost, overabsorbed overhead and

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