Dictionary of Business Terms: direct overhead
direct overhead
portion of overhead costs-rent, lights, insurance-allocated to manufacturing by the application of a standard factor termed a burden rate. This amount is absorbed as an inventory cost and ultimately reflected as a cost of goods sold.
Dictionary of Finance and Investment Terms: direct overhead
direct overhead
portion of overhead costs-rent, lights, insurance -allocated to manufacturing, by the application of a standard factor termed a burden rate. This amount is absorbed as an inventory cost and ultimately reflected as a cost of goods sold.
