Manufacturing overhead (also known as factory overhead, factory burden, production overhead) involves a company's factory operations. It includes the costs incurred in the factory other than the costs of direct materials and direct labor. This is the reason that manufacturing overhead is often ...
Introduction to Manufacturing Overhead. In the world of manufacturing—as competition becomes more intense and customers demand more services—it is important that management not only control its overhead but also understand how it is assigned to products and ultimately reported on the company's financial statements.
Total Crane Systems Inc. (TCS) is an American manufacturing and service company. We manufacture and service all sizes and capacities of overhead bridge cranes, full or semi gantries, under hook attachments, wire rope hoists, transfer carts, chain hoists, and more.
2. Accounting: A cost or expense (such as for administration, insurance, rent, and utility charges) that (1) relates to an operation or the companyas a whole, (2) does not become an integral part of a good or service (unlike raw material or direct labor), and (3) cannot be applied or traced to any specific unit of output.