No space for bags. In a ânormalâ seat, youâll have room for your bags under the seat in front of you. Having quick access to your bag means you can reach for your MP3 player, bottle of water or laptop. Without this space, youâll need to store your bag in an overhead bin â which may not always be right above you.
In business, overhead or overhead expense refers to an ongoing expense of operating a business. Overheads are the expenditure which cannot be conveniently traced to or identified with any particular cost unit, unlike operating expenses such as raw material and labor. Therefore, overheads cannot be immediately associated with the products or services being offered, thus do not directly generate profits. However, overheads are still vital to business operations as they provide critical support for
Overhead is considered a fixed cost, even though it may vary somewhat according to the amount of activity. Any cost that does not vary depending on production, volume, use, or sales levels, such as rent, property tax, insurance, or interest expense.