Overheads are a very important part of cost accounting. Following is the TopĀ Overheads Question Answer. Overheads in Cost Accounting - Explained 1. What is meant by overheads? The aggregate of indirect material cost, indirect wages, and indirect expenses is known as overhead. 2. What do you understand by fixed overhead? Fixed overhead remains unchanged up to a … [Read more...] about Overheads in Cost Accounting: 15 Questions Answers