Cost Element Question:

What is Office and Admin overheads?

Tweet Share WhatsApp

Answer:

Office and Admin overheads : are the overheads incurred for the overall administrative work of the organisation. They include:

- Indirect Materials such as office supplies, stationery and printing items, brooms etc.
- Indirect Labour such as salaries payable to manager, clerk etc.
- Indirect Expenses such as lighting, bank charges, legal/audit charges, rent/insurance of office.

Download Cost Element PDF Read All 10 Cost Element Questions
Previous QuestionNext Question
What is Factory Overheads?What is Selling and Distribution Overheads?