When calculating the full cost of a product or service, a company first allocates all direct material and labor costs and direct expenses on a per-unit basis. Overhead costs are those that the ...

If you run the type of small business that requires you to set hourly rates for your professional services, you may wonder how to set your rates. You should start by calculating how much overhead you ...

Last month, we provided an article on overhead calculation and rate. That was Overhead Rates 101. In this month’s guest column, Ken Hedlund, Somerset CPAs (somersetcpas.com), introduces a more ...

Business expenses can’t always be perfectly predicted, especially when it comes to overhead costs. If leaders see that overhead expenses are increasing, they need to take preventative steps to protect ...

Despite my efforts and those of many others in the nonprofit sector, the overhead myth is still alive and well. I heard it again before the holidays as donors were being advised to make wise giving ...

This guide was reviewed by a Business News Daily editor to ensure it provides comprehensive and accurate information to aid your buying decision. Entrepreneurs, small business owners and managers need ...

The burden rate can help you target profitability by exploring the relationship between direct and indirect costs. Many, or all, of the products featured on this page are from our advertising partners ...