In the cost reconciliation report under the weighted-average method, the "Costs to be accounted for" section contains which of the following items?   Question 27 options:   Cost of ending work in process inventory   Cost of units transferred out   Cost of ending finished goods inventory   Cost of beginning work in process inventory

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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.