Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

Overhead costs are the indirect costs of running a business, such as supplies, lighting and other utilities. They cannot be readily traced to results. Applied overhead is the overhead allocated to a ...

The first task in determining proper application is to separate the business into major cost groups, sometimes referred to as overhead pools. For example, if the largest cost of production is labor, a ...