Staples - Johnstown 590 Galleria Dr, Johnstown PA 15904 Phone Number: (814) 262-9096
The distribution of manufacturing overhead costs to individual product unit, or production batches generally, requires a base or a cost driver, to which reference a rate, known as material burden rate applies. Material burden is the amount of manufacturing overhead costs that a unit of the base carries.
Labor Burden. Labor burden describes the costs a business incurs to employ a worker, besides the actual cash wages or salary that it pays to the employee. Labor burden includes payroll taxes, retirement benefits, health benefits, worker's compensation, life insurance, pensions and other fringe benefits. Labor burden can be a significant portion of the total cost of carrying employees, especially when employers provide many fringe benefits.