What is Applied Overhead and how does it differ from Actual Overhead?

Описание к видео What is Applied Overhead and how does it differ from Actual Overhead?

There are many moving parts in any manufacturing company. Workers and raw materials are the most apparent and visible, but it takes much more than these to manufacture a product.

Every facility needs power, insurance, supplies, and employees who work behind the scenes and not directly in production. These indirect costs are part of manufacturing overhead, the accounting term that refers to all of the indirect expenses that go into making a product.

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