28.Under the average cost retail method, the following are additions to/deductions from beginning inventory at both cost and retail.   a. Purchases, purchase returns, purchase discounts, department transfers b. Purchases, purchase returns, net markups, departmental transfers  c. Purchases, purchase returns, departmental transfers d. Purchases, purchase returns and purchase allowances

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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.