What are examples of Factory Overhead?
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Answer / sreedhar reddy
Facrory over heads means the expenses which is occured in
factory for producing a good/product that is called as
factory overheads. This is also called as the one type of
indirect expenses. Over heads are three types 1.Factory
over heads 2.Office overheads 3. selling and distribution
over heads.
| Is This Answer Correct ? | 72 Yes | 13 No |
Answer / accountant
EXAPLES OF FACTORY OVERHEAD:
Indirect Materials
Indirect Labor
Factory Rent
Factory Insurance
Depreciation on Factory Equipment
Factory Supplies
Factory Utility Costs such as Factory Electricity, Gas,
and Water
Oil and Lubrications of Factory Equipment.
FACTORY OVERHEAD DOES NOT INCLUDE DIRECT MATERIALS COST,
DIRECT LABOR COST, AND SELLING, GENERAL AND ADMINISTRATIVE
EXPENSES.
| Is This Answer Correct ? | 44 Yes | 4 No |
Answer / vaishali
factory overheads is only factory expences which releated
only production department
e.g. labour chaarges
| Is This Answer Correct ? | 28 Yes | 10 No |
Answer / raunaq
Factory Overhead is generally defined as indirect labour,
Indirect material and all other factory expenses that cannot
conveniently be indetified with nor charged directly to
specific job or products or final cost objectives, such as
governemnent contracts.
| Is This Answer Correct ? | 19 Yes | 3 No |
Answer / jyoti
factory overhead example:- wages or labor charge
| Is This Answer Correct ? | 29 Yes | 16 No |
Answer / prof
indirect materials, indirect labor,and all other overhead
expenses related to factory other than direct materials and
direct labor. Factory overhead does not include direct
materials and direct labor. also of course factory overhead
does not include selling, general and administrative
expenses. Other examples of Factory overhead include:
factory rent, factory insurance, maintenance of factory
machines,oil and lubrications of factory machines,
depreciation of factory machines.
| Is This Answer Correct ? | 14 Yes | 1 No |
Answer / ramu
Factory overhead part of the a company indircet expenses.
| Is This Answer Correct ? | 6 Yes | 0 No |
Answer / kumar
Facrory over heads means the expenses which is occured in
factory for producing a goods that is called as
factory overheads. This is also called as production
overheads.
in that we adjust all production related expenses.For
Eg.Electricity, Labour, Wages Etc,
| Is This Answer Correct ? | 5 Yes | 0 No |
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