Fixed overhead costs are the elements of the indirect costs of an organization's product that, in total, remain unchanged irrespective of changes in the levels of production or sales. Examples include administrative salaries, sales personnel salaries, and factory rent.
A budget that determines the expenditure the sales function is allowed to incur in achieving the sales volumes and sales revenue budgets during a budget period.
Selling overhead encompasses the expenses incurred by an organization in carrying out its selling activities, which include salaries of sales personnel, advertising costs, sales commissions, and other related expenses.
