Cost accounting

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Querist : Anonymous

Querist : Anonymous (Querist)

14 March 2012 Dear All,

please explain me what is diff. b/w overheads & Expenses

CA Dileep Surya Kumar

CA Dileep Surya Kumar (Expert)
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14 March 2012 Expenses are broad category, may be direct or indirect.

Expenses that are directly expended in providing a product , like freight in ward royalties, Direct labor etc called direct expenses.

All administrative, supervisory ,and selling and distribution called indirect expenses and also known as overheads.