Learn how underapplied and overapplied overhead impact business budgeting and financial statements. Discover the causes, ...

Overhead allocation is a source of great disagreement in our industry. Should the allocation be based on job price? On job cost? Per project? Or per field man-hour. We understand the pros and cons of ...

Over the weekend, the National Institutes of Health announced that it would be cutting the rate at which it pays universities for overhead on federal research grants from an average of about 60% to 15 ...

Late last Friday, Feb. 7, the National Institutes of Health (NIH) announced it was immediately capping overhead rates on all research grants at 15%. Because most research universities rely on overhead ...

As a former corporate controller and senior vice president of operations, I have experienced both sides of allocated overhead. I have learned manufacturing executives have more control over costs ...