Factory overhead
Factory overhead, also called manufacturing overhead or factory burden, is the total cost involved in operating all production facilities of a manufacturing business. It generally applies to indirect labor and indirect cost, it also includes all costs involved in manufacturing with the exception of the cost of raw materials and direct labor. Factory overhead also includes certain costs such as quality assurance costs, cleanup costs, and property insurance premiums.
This article is issued from Wikipedia - version of the Monday, June 24, 2013. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.