General overhead expenses are costs that involve running a business as a whole, whereas variable expenses...
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General overhead expenses are costs that involve running a business as a whole, whereas variable expenses apply to just one job. General overhead expenses include, but are not limited to office equipment, insurance, rent, vehicles, etc. Variable expenses apply to special insurance, waste removal, fees for permits, labor of employees, etc. Kramon, James. "Smart Business for Contractors." Money Matters: Pricing, Billing, Collecting, The Taunton Press, 2007, p.11. What is a Contract? What is the difference between a contract/agreement and estimates? General overhead expenses are costs that involve running a business as a whole, whereas variable expenses apply to just one job. General overhead expenses include, but are not limited to office equipment, insurance, rent, vehicles, etc. Variable expenses apply to special insurance, waste removal, fees for permits, labor of employees, etc. Kramon, James. "Smart Business for Contractors." Money Matters: Pricing, Billing, Collecting, The Taunton Press, 2007, p.11. What is a Contract? What is the difference between a contract/agreement and estimates?
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A contract is a legally binding agreement between two or more parties that outlines the rights obligations and responsibilities of each party involved ... View the full answer
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date:
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