The following is data from two months of operations: Pounds:         Shipping Expense: 350                $13,000 500                $15,250 What is the best estimate of the total cost for shipping when production is expected to be 600 pounds? a) $17,050 b) $7,750 c) $16,750 d) $9,000

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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.