logo

How to Derive Overhead Cost from a P&L?

Knowledge Center

Activity Based Costing
Knowledge Center

Translatemore

Forum
2
S. Ris
Financial Consultant, Netherlands

How to Derive Overhead Cost from a P&L?

Hello reader, I'm trying to decompose the overhead of a company through its Profit and Loss account. I have calculated for my self what their overhead should be and I'd like to compare this with their real time data.
It is a normal P&L with revenues, costs, subsidiary cost and interest. Could someone help me figure out how to do this?
 
Comments

Rating

 
1
DEON STALS
Management Consultant, South Africa
 

How to Decompose He Overhead of Company Through the P&L Account

Good day S Ris,
You need to get the make up of each overhead amount in the P&L account from the detailed Trial Balance and how the Trial Balance amounts were allocated to each P&L overhead amount. Normally companies have detailed working schedules and reconciliations of each P&L overhead amount tying up to the detailed Trial Balance. Hope this helps you in your overhead decomposing process. Good luck and best regards.

 

More on Activity Based Costing:
Summary
Discussion Topics
topic Limitations and Advantages of ABC for Budgeting
topic Limitations ABC monitoring operations
topic ABC in an Advertising Firm?
topic The Cost of Non-value-added Activities
topic ABC: reduce non value adding activities?
topic Consequences of ABC Analysis
topic Capacity Minutes and Industry Norms
topic Drivers still Right?
topic ABC Helps Companies Survive Recession
topic Traditional Costing versus Activity Based Costing
topic The Process of Activity Based Costing (ABC) simplified
topic Activity Based Costing (ABC)
topic Conditional Resources in ABC
topic ABC in service companies such as airlines?
topic Overhead Costing - Food Manufacturing
topic Degree of Detail in ABC
topic Activity Based Costing Implementation
topic ABC and Decision making
topic Time-driven ABC (TDABC)
topic Activity Based Management (ABM)
topic Calculating the Most Profitable Way of Manufacturing a Product
topic ABC or TOC? The Differences between Activity Based Costing and the Theory of Constraints
topic Recommended ABC Software
topic Comparison Activity Based Costing, Time-Driven-ABC and Lean Accounting
topic ABC Costing in Make to Order of Repetive Manufacturing
topic Organizational Issues when Introducing ABC
topic Over Recovery / Under Recovery Level
🔥 What is Process Costing?
topic ABC in the Federal Environment
topic An ABC Initiative is Only as Effective as the Software That Supports It
topic What is Job Order Costing?
👀How to Derive Overhead Cost from a P&L?
Special Interest Group

SIG Leader

Do you know a lot about Activity Based Costing? Become our SIG Leader



top

More on Activity Based Costing:
Summary
Discussion Topics
topic Limitations and Advantages of ABC for Budgeting
topic Limitations ABC monitoring operations
topic ABC in an Advertising Firm?
topic The Cost of Non-value-added Activities
topic ABC: reduce non value adding activities?
topic Consequences of ABC Analysis
topic Capacity Minutes and Industry Norms
topic Drivers still Right?
topic ABC Helps Companies Survive Recession
topic Traditional Costing versus Activity Based Costing
topic The Process of Activity Based Costing (ABC) simplified
topic Activity Based Costing (ABC)
topic Conditional Resources in ABC
topic ABC in service companies such as airlines?
topic Overhead Costing - Food Manufacturing
topic Degree of Detail in ABC
topic Activity Based Costing Implementation
topic ABC and Decision making
topic Time-driven ABC (TDABC)
topic Activity Based Management (ABM)
topic Calculating the Most Profitable Way of Manufacturing a Product
topic ABC or TOC? The Differences between Activity Based Costing and the Theory of Constraints
topic Recommended ABC Software
topic Comparison Activity Based Costing, Time-Driven-ABC and Lean Accounting
topic ABC Costing in Make to Order of Repetive Manufacturing
topic Organizational Issues when Introducing ABC
topic Over Recovery / Under Recovery Level
🔥 What is Process Costing?
topic ABC in the Federal Environment
topic An ABC Initiative is Only as Effective as the Software That Supports It
topic What is Job Order Costing?
👀How to Derive Overhead Cost from a P&L?
Special Interest Group

SIG Leader

Do you know a lot about Activity Based Costing? Become our SIG Leader

Knowledge Center

Activity Based Costing
Knowledge Center



About 12manage | Advertising | Link to us / Cite us | Privacy | Suggestions | Terms of Service
2023 12manage - The Executive Fast Track. V16.3 - Last updated: 1-10-2023. All names of their owners.




12manage is looking for BA/MBA students. More info.