FIXED OVERHEAD Definition

Bookmark and Share

FIXED OVERHEAD is those costs like rent, utilities, basic telephone, loan payments, etc., that stay the same whether sales go up or down. Variable overhead, on the other hand, are those costs which vary directly with production.

Learn new Accounting Terms

UNDISTRIBUTED EARNINGS see RETAINED EARNINGS.

CONVERTIBLE PREFERRED STOCK is preferred stock which can be converted into common stock at the option of the holder of the preferred stock.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.