It takes more than raw materials and shop workers to manufacture products. Factories need power, supplies and employees whose functions are essential to the operation even though they aren't part of ...

Manufacturing overhead is an accounting term that refers to all indirect expenses incurred to build a product. For example, if your company uses a warehouse or production facility to produce a product ...

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Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Suzanne is a content marketer, writer, and ...