The following extract of information is available concerning the four cost centres of EG Limited. Service cost Production cost centres centre Machinery Finishing Packing Canteen Number of direct employees 7 6 2 – Number of indirect employees 3 2 1 4 Overhead allocated and apportioned $28,500 $18,300 $8,960 $8,400 The overhead cost of the canteen is to be re-apportioned to the production cost centres on the basis of the number of employees in each production cost centre. After the re-apportionment, what is the total overhead cost of the packing department, to the nearest $?

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Overheads

In cost accounting, overhead refers to those expenses which occur during the operating of a business. Overhead includes the fixed, variable, or semi-variable which is not directly involved with a company product or service. It is very important to analyze overhead expense as it helps the company in determining how much a company must charge for its products and services so that they can generate profit.  Overhead expenses depend upon the nature of the business operations.