Answer
Verified
378.9k+ views
Hint: Here, in the given question, we are asked to find the total overhead expenses when Dolly buys a laptop from a wholesaler and incur some other expenses. To reach the desired result, we will first understand the meaning of overhead expenses and then calculate the expenses incurred.
Complete step-by-step solution:
Overhead cost: It refers to the on-going business expenses not directly attributed to creating a product or service. In short, overhead cost is any expense incurred to support the business while not being directly related to a specific product or service.
Overhead charge is the sum total of on-going business expenses like rent, utilities, insurance, office supplies, travel, advertising expenses, accounting and legal expenses, salaries and wages, depreciation, Government fees and licenses, property taxes.
In this question overhead charge is transportation’s cost, delivery charge and man load.
Overhead charge= Transportation’s cost+ delivery charge+ load man and other charge.
Therefore, Overhead charge= \[2,000 + 1,400 + 1,300\]
=₨.\[4,700\]
Hence, B. ₨.\[4,700\] is correct option.
Note: It important to know that what type of charges include in overhead cost like rent, transportation expense and insurance etc. Overhead cost includes fixed monthly and annual expenses. In this question all the expenses are fixed like delivery and man load. To solve this type of question we should have some knowledge what type of expenses are counted under the head overhead cost.
Complete step-by-step solution:
Overhead cost: It refers to the on-going business expenses not directly attributed to creating a product or service. In short, overhead cost is any expense incurred to support the business while not being directly related to a specific product or service.
Overhead charge is the sum total of on-going business expenses like rent, utilities, insurance, office supplies, travel, advertising expenses, accounting and legal expenses, salaries and wages, depreciation, Government fees and licenses, property taxes.
In this question overhead charge is transportation’s cost, delivery charge and man load.
Overhead charge= Transportation’s cost+ delivery charge+ load man and other charge.
Therefore, Overhead charge= \[2,000 + 1,400 + 1,300\]
=₨.\[4,700\]
Hence, B. ₨.\[4,700\] is correct option.
Note: It important to know that what type of charges include in overhead cost like rent, transportation expense and insurance etc. Overhead cost includes fixed monthly and annual expenses. In this question all the expenses are fixed like delivery and man load. To solve this type of question we should have some knowledge what type of expenses are counted under the head overhead cost.
Recently Updated Pages
How many sigma and pi bonds are present in HCequiv class 11 chemistry CBSE
Mark and label the given geoinformation on the outline class 11 social science CBSE
When people say No pun intended what does that mea class 8 english CBSE
Name the states which share their boundary with Indias class 9 social science CBSE
Give an account of the Northern Plains of India class 9 social science CBSE
Change the following sentences into negative and interrogative class 10 english CBSE
Trending doubts
Fill the blanks with the suitable prepositions 1 The class 9 english CBSE
Which are the Top 10 Largest Countries of the World?
Give 10 examples for herbs , shrubs , climbers , creepers
Difference Between Plant Cell and Animal Cell
Difference between Prokaryotic cell and Eukaryotic class 11 biology CBSE
The Equation xxx + 2 is Satisfied when x is Equal to Class 10 Maths
Change the following sentences into negative and interrogative class 10 english CBSE
How do you graph the function fx 4x class 9 maths CBSE
Write a letter to the principal requesting him to grant class 10 english CBSE