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What do you mean by office and administrative overhead? - Commercial Applications

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Question

What do you mean by office and administrative overhead?

Answer in Brief

Solution

Indirect materials (e.g., printing and stationery), indirect labour (e.g., office manager's salary), and indirect expenses (e.g., office rent) incurred in connection with the management of the organisation are known as office and administrative overheads.

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Elements of Cost
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Chapter 8: Fundamental Concepts of Cost - EXERCISES [Page 139]

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Goyal Brothers Prakashan Commercial Applications [English] Class 10 ICSE
Chapter 8 Fundamental Concepts of Cost
EXERCISES | Q 16. | Page 139
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