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Sir,
Shall the term “overheads” be only associated with production costs OR are there any non-production overheads?Will there be overheads for administration cost and Distribution cost?Or is the term overheads only confided to scope of production costs
There are both production overheads and non-production overheads.
I explain this and give examples in Chapter 4 of our free lecture notes and the lectures that go with them.
The lectures are a complete free course for Paper MA and cover everything needed to be able to pass the exam well.
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