Common in the manufacturing industry, the predetermined overhead rate for machine hours is a production overhead cost. The rate is used to identify the expected costs of machine production, which ...

The cost of goods and services includes labor, materials and overhead. The hourly rate minus overhead would simply be the direct labor costs. Examples of overhead costs include cleaning, rent, ...

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 ...