28.  SimplengTaksil Company produces furniture. It has four products, tables, chairs, cabinets and bookshelves. It has 50,000 direct labor hours available. Below are the details pertaining to each product:     Table Chairs Cabinets Bookshelves CM/Unit P25 P20 P28 P24 DLH/Unit 5 hours 2 hours 7 hours 5 hours Maximum demand 3,500 units 12,000 units 5,000 units 3,000 units   What will be the highest contribution margin if we prioritize the products properly?

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Overheads

In cost accounting, overhead refers to those expenses which occur during the operating of a business. Overhead includes the fixed, variable, or semi-variable which is not directly involved with a company product or service. It is very important to analyze overhead expense as it helps the company in determining how much a company must charge for its products and services so that they can generate profit.  Overhead expenses depend upon the nature of the business operations.