Manufacturing overhead is a term used to describe the indirect costs associated with making a product. Overhead costs are expenses required for the manufacturing process other than the direct costs of ...

Factory overhead and direct labor are manufacturing and manufacturing costs (direct materials + direct labor + manufacturing overhead). Stated succinctly, manufacturing is turning raw materials into a ...

I've recently discovered a new trick for improving the bottom line of construction companies: focus on unbillable hours. They turn out to be a key indicator of financial performance. Unbillable hours ...