Total cost and number of units in the first seven months of 2021 are given below. According to this information, which of the following will be total cost in August if the company produces 860 units? Periods Total Cost No.of Units January      36,800 400 February      37,580 415 March      39,400 450 April      40,960 480 May      42,260 505 June      43,820 535 July       44,860 555 Select one: a. 60720 b. 53650 c. 51900 d. 51360

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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.