If you haven't done any accounting work, this might be a weird concept for you, but it's ubiquitous for manufacturing companies and service companies. Applied overhead is used not only for actual billing for products and services but also for estimating costs when looking to bid on projects or service contracts. This applied overhead cost [...]The post What Is Applied Overhead? appeared first on Prodsmart MES Solution | real-time shop floor production tracking software for manufacturing and fabrication companies.
Prodsmart is a California-based digital manufacturing platform that offers solutions including inventory management and worker scheduling for manufacturers and fabricators.