Factory Overhead in a sentence
(1) Factory overhead is an important aspect of cost accounting.
(2) Factory overhead costs can be classified as fixed or variable.
(3) Factory overhead is also known as indirect manufacturing costs.
(4) Factory overhead is incurred to support the production process.
(5) The factory overhead costs have increased significantly this year.
(6) Factory overhead is incurred regardless of the level of production.
(7) The allocation of factory overhead is based on a predetermined rate.
(8) Factory overhead is recorded in the books of accounts as an expense.
(9) Factory overhead can be reduced by implementing cost-saving measures.
(10) Factory overhead includes expenses related to maintenance and repairs.
Factory Overhead sentence
(11) Allocating factory overhead to specific products can be a complex task.
(12) Factory overhead costs are incurred to maintain the production facility.
(13) The factory overhead costs include expenses for maintenance and repairs.
(14) The factory overhead budget needs to be carefully planned and monitored.
(15) The factory overhead rate is used to allocate indirect costs to products.
(16) Factory overhead includes costs for factory supervisors and support staff.
(17) Factory overhead costs are incurred regardless of the level of production.
(18) Effective cost control measures can help reduce factory overhead expenses.
(19) The factory overhead is apportioned based on the usage of shared resources.
(20) Factory overhead is allocated to products based on a predetermined formula.
Factory Overhead make sentence
(21) Increasing efficiency in production can help reduce factory overhead costs.
(22) Factory overhead costs can fluctuate based on changes in production volume.
(23) Factory overhead expenses are typically included in the cost of goods sold.
(24) Factory overhead is usually expressed as a percentage of direct labor costs.
(25) Factory overhead costs can include utilities, insurance, and property taxes.
(26) Factory overhead costs are often allocated based on a predetermined formula.
(27) Analyzing factory overhead variances can help identify areas for improvement.
(28) The company is implementing measures to control and minimize factory overhead.
(29) The factory overhead includes indirect labor costs associated with production.
(30) Factory overhead costs can be classified as either fixed or variable expenses.
Sentence of factory overhead
(31) Properly managing factory overhead is essential for maintaining profitability.
(32) Factory overhead can include costs for equipment depreciation and maintenance.
(33) The factory overhead allocation method needs to be revised for better accuracy.
(34) The factory overhead budget is prepared to estimate and control overhead costs.
(35) Factory overhead is an essential element in calculating the cost of goods sold.
(36) Properly allocating factory overhead is important for accurate product costing.
(37) The company is considering outsourcing certain tasks to reduce factory overhead.
(38) The factory overhead is a significant component of the total manufacturing cost.
(39) The factory overhead is allocated to different departments based on their usage.
(40) Factory overhead is a significant component in determining the break-even point.
Factory Overhead meaningful sentence
(41) Factory overhead is an essential component in calculating the cost of inventory.
(42) Factory overhead expenses are typically allocated based on a predetermined rate.
(43) Factory overhead costs are included in the calculation of the cost of production.
(44) Analyzing trends in factory overhead can help identify cost-saving opportunities.
(45) Factory overhead is an indirect cost that is necessary for the production process.
(46) Factory overhead can account for a significant portion of a company's total costs.
(47) We need to analyze the factory overhead expenses to identify areas for improvement.
(48) The management team is reviewing the factory overhead budget for the upcoming year.
(49) The factory overhead is a necessary expense to ensure smooth production operations.
(50) The company is exploring ways to automate certain tasks to reduce factory overhead.
Factory Overhead sentence examples
(51) Factory overhead is an essential consideration in determining the pricing strategy.
(52) The company is investing in new technology to streamline factory overhead processes.
(53) The company is implementing energy-saving measures to reduce factory overhead costs.
(54) The factory overhead rate is typically based on direct labor hours or machine hours.
(55) The factory overhead includes expenses related to equipment depreciation and repairs.
(56) Factory overhead costs are typically allocated based on machine hours or labor hours.
(57) The factory overhead is closely monitored to ensure it remains within budgeted limits.
(58) Allocating factory overhead to specific products helps in determining their true cost.
(59) Factory overhead is an important factor in determining the selling price of a product.
(60) The factory overhead is a crucial factor in determining the overall cost of production.
Sentence with factory overhead
(61) The factory overhead analysis revealed areas of inefficiency that need to be addressed.
(62) Factory overhead is an essential component in determining the total cost of production.
(63) Analyzing the components of factory overhead can help identify areas of cost reduction.
(64) The company is looking for ways to reduce factory overhead without compromising quality.
(65) The factory overhead rate is used to distribute indirect costs across different products.
(66) Factory overhead is an indirect cost that cannot be directly traced to a specific product.
(67) The factory overhead is a fixed cost that remains constant regardless of production levels.
(68) The factory overhead rate is usually determined at the beginning of each accounting period.
(69) The factory overhead is a necessary investment to maintain a competitive edge in the market.
(70) The factory overhead rate is reviewed and adjusted periodically to reflect changes in costs.
Use factory overhead in a sentence
(71) Factory overhead is an essential consideration in determining the profitability of a product.
(72) The factory overhead variance needs to be analyzed to identify any deviations from the budget.
(73) The company is incentivizing employees to come up with cost-saving ideas for factory overhead.
(74) Factory overhead costs are necessary for the smooth functioning of the manufacturing facility.
(75) Factory overhead is an important factor in determining the overall cost structure of a company.
(76) Factory overhead costs can be influenced by factors such as inflation and changes in technology.
(77) The company is benchmarking against industry standards to assess its factory overhead performance.
(78) The company is collaborating with suppliers to negotiate better prices and reduce factory overhead.
(79) The factory overhead is a controllable cost that can be managed through efficient resource allocation.
(80) The company is conducting a time-motion study to identify opportunities for reducing factory overhead.
(81) The company is conducting a cost-benefit analysis to determine the impact of factory overhead reduction.
(82) Properly tracking and recording factory overhead expenses is important for accurate financial reporting.
(83) The factory overhead rate is calculated by dividing total overhead costs by the number of units produced.
Factory Overhead meaning
Factory overhead refers to the indirect costs incurred in the production process that cannot be directly attributed to a specific product or job. These costs include expenses such as rent, utilities, depreciation, and maintenance of the factory building and equipment. As a dictionary, we will provide you with tips on how to use the term "factory overhead" in a sentence effectively.
1. Definition and Context: Start by introducing the term "factory overhead" and providing a brief explanation of its meaning.
For example, "Factory overhead, also known as indirect manufacturing costs, encompasses various expenses incurred in the production process that are not directly associated with a specific product or job."
2. Examples in Business Context: To illustrate the usage of "factory overhead" in a sentence, provide examples that relate to business scenarios. For instance, "The company's financial statements clearly outline the allocation of factory overhead costs to different products, enabling accurate pricing decisions."
3. Manufacturing Process: Explain how factory overhead is an essential aspect of the manufacturing process. For instance, "Factory overhead plays a crucial role in determining the overall cost of production, as it includes expenses related to maintaining the factory infrastructure, such as electricity, heating, and cooling."
4. Cost Allocation: Discuss the importance of allocating factory overhead costs accurately.
For example, "Accurate allocation of factory overhead costs ensures that each product bears its fair share of indirect expenses, leading to more precise cost calculations and pricing strategies."
5. Impact on Pricing: Explain how factory overhead affects the pricing of products. For instance, "By including factory overhead costs in the pricing formula, businesses can ensure that the selling price covers both direct costs (such as materials and labor) and indirect costs, resulting in a profitable margin."
6. Variability and Control: Highlight the variable nature of factory overhead costs and the need for effective control.
For example, "Factory overhead costs can fluctuate based on factors like production volume, changes in utility rates, or unexpected repairs. Implementing efficient cost control measures is crucial to manage these fluctuations effectively."
7. Budgeting and Forecasting: Discuss the significance of budgeting and forecasting when dealing with factory overhead costs. For instance, "Accurate budgeting and forecasting of factory overhead expenses allow businesses to plan and allocate resources effectively, ensuring that the production process remains financially viable."
8. Efficiency and Cost Reduction: Emphasize the importance of optimizing factory overhead costs to improve overall efficiency and reduce expenses.
For example, "Implementing energy-saving initiatives, preventive maintenance programs, and efficient resource utilization can significantly reduce factory overhead costs, leading to improved profitability."
9. Comparison with Direct Costs: Differentiate between factory overhead costs and direct costs to provide a comprehensive understanding. For instance, "While direct costs, such as raw materials and direct labor, can be easily traced to specific products, factory overhead costs are incurred collectively and require allocation based on predetermined methods."
10. Importance of Tracking: Highlight the need for accurate tracking and recording of factory overhead costs.
For example, "Maintaining detailed records of factory overhead expenses is essential for financial reporting, tax purposes, and evaluating the overall performance of the manufacturing process." Remember, these tips are designed to help you effectively use the term "factory overhead" in a sentence. By incorporating these suggestions, you can enhance your understanding and usage of this specific word or phrase.
The word usage examples above have been gathered from various sources to reflect current and historical usage of the word Factory Overhead. They do not represent the opinions of TranslateEN.com.