Administrative expenses include the part of a company’s budget spent on its wellbeing or upkeep, but which don’t directly relate to the sales efforts of the company. For example, administrative expenses include costs associated with administrative staff, food and drinks for meetings, paperclips, and utility bills.
Posts Tagged ‘overhead’
Administrative Expenses are…
Thursday, July 21st, 2011Overhead is…
Monday, November 2nd, 2009Overhead is the cost or expense of the general upkeep or running of a business, nonprofit, plant, or any other property. Overhead does not include the costs of production or sale of goods.