Glossary

A glossary is a dictionary of terms specific to a certain subject. A biology textbook might have a glossary in the back, so you can quickly look up all those technical words.

Variable Overhead

Updated on 2023-08-29T11:59:03.276835Z

Overheads are the non-labour expenditure that is required for a business to function.

Variable overheads refer to those expenses that varies from month to month depending on sales & other elements like promotional attempts, season change, & changes in the prices of supplies and services.