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Which best describes the difference between general and job overhead costs? Gene

ID: 1845061 • Letter: W

Question

Which best describes the difference between general and job overhead costs?

General overhead costs that are incurred regardless of whether a project is being executed. These are the costs associated with operating the construction company. Conversely, job overhead is the administrative costs directly associated with the execution of a specific project

General overhead costs that are incurred after a project is being executed, job overhead is the administrative costs directly associated with the execution of a specific project. These are the costs associated with operating the construction company

General overhead costs that are incurred regardless of whether a project is being executed. These are the costs associated with operating the owner new facility. Conversely, job overhead is the administrative costs directly associated with the execution of a specific project

None of these

General overhead costs that are incurred regardless of whether a project is being executed. These are the costs associated with operating the construction company. Conversely, job overhead is the administrative costs directly associated with the execution of a specific project

General overhead costs that are incurred after a project is being executed, job overhead is the administrative costs directly associated with the execution of a specific project. These are the costs associated with operating the construction company

General overhead costs that are incurred regardless of whether a project is being executed. These are the costs associated with operating the owner new facility. Conversely, job overhead is the administrative costs directly associated with the execution of a specific project

None of these

Explanation / Answer

your answer is

General overhead costs that are incurred regardless of whether a project is being executed. These are the costs associated with operating the owner new facility. Conversely, job overhead is the administrative costs directly associated with the execution of a specific project

The estimate for any construction job includes projected overhead costs. Indirect — or general — overhead expenses are those that are not specific to any particular job but are fees the contractor pays on a regular basis. These costs are not chargeable to one particular project. Direct — or job — overhead costs are unique to a specific project and change from job to job.

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