Manufacturing overhead meaning refers to all indirect costs associated with the production process, excluding direct materials and direct labor. It encompasses expenses such as factory utilities, depreciation on production equipment, and salaries of maintenance staff. These costs are essential for the manufacturing process but cannot be directly traced to specific products. Understanding manufacturing overhead is crucial for accurate product costing and financial analysis.
CMA Prep Course
CMA Exam Academy is a proven, 16-week per part online coaching program to help you pass the CMA. The Academy’s comprehensive curriculum will help you pass the CMA exam and achieve your dreams of earning 6-figures per year, ascend to the executive ranks and earn the respect from your peers.
