Respuesta :
true
Typically, the price charged must cover more than labor costs figured at an hourly rate. There may be costs related to rent, utilities, administration, equipment use and/or depreciation. These costs are often called overhead.
Typically, the price charged must cover more than labor costs figured at an hourly rate. There may be costs related to rent, utilities, administration, equipment use and/or depreciation. These costs are often called overhead.
Answer:
Yes, the given statement is true.
Step-by-step explanation:
There may be costs related to rent, utilities, administration, equipment use and/or depreciation.
These costs are called overhead.
So, this is a true statement.
Overhead expenses contains all the non labor expenses required to operate a business. These are indirect costs or fixed expenses that usually cover fields like rent, administrative costs and marketing costs.