How to Calculate Overheads?

After reading this article you will learn about the calculation of various overheads:- 1. Obsolescence 2. Interest on Capital 3. Idleness 4. Repairs and Maintenance. Obsolescence: Suppose a factory owner purchases a machine for his production shop but after some dura­tion a better machine comes in the market, whose production rate is very high and is much economical. Although the [...]