Question

Overhead costs are often affected by many issues and are frequently too complex to be explained by any one factor.

a. True
b. False

Answer 1

Overhead costs are those expenses which includes fees in repairs, rents, insurance, taxes, utilities, bills, expenditures, advertising, labor, and accounting fees. Overhead costs include so many factors that it is difficult to be classified into one. These costs are influenced by many issues which results in higher or lower payments. The answer for this is TRUE.