overhead cost


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Related to overhead cost: fixed cost

overhead cost

[′ō·vər‚hed ‚kȯst]
(industrial engineering)
References in periodicals archive ?
The result, multiplied by the annual fixed overhead rates for the period 1991-1993, established the claimed fixed overhead costs. There was no showing of when the work was performed on either terminated CLIN.
The price of an item or service is the sum of material costs, labor costs, overhead costs, and profit allowance.
However, Medicare admissions should not be turned away at the expense of keeping the bed empty (you want to absorb overhead costs).
Our model presented in this article provides a framework to organize the overhead cost components and a structured approach to calculate the variances.
According to him, 'of this figure, the sum of N5.05 billion was spent on overhead cost in the office of the governor.
However, high fixed overhead costs were another contributing factor.
The study also calculated the annual overhead cost per newly insured individual.
He expressed the hope that occasional customers would occupy the vacant rooms because they need to generate revenues to meet financial obligations such as operating expenses and overhead costs.
3) to evaluate the contractors' perceptions of the level of use of project overhead cost allocation methods by companies in South-South of Nigeria.
The next step in calculating the cost of the requested product is calculating overhead cost (Fig.
Generally, an overhead cost can be defined as a cost that cannot be identified with or charged to a construction project or to a unit of construction production.
Consumers--mainly those with individual health insurance policies--saw nearly $1.5 billion in insurer rebates and overhead cost savings in 2011 as a result of an Affordable Care Act (ACA) provision that requires insurers to spend at least 80% of premium dollars on health care or quality improvement, according to a Commonwealth Fund report.