Question

c) XYZ ltd. which absorbs overheads at predetermined rates provides you the

following information:

Overheads actually incurred ₹200000

Overheads absorbed ₹150000

Goods sold 13000 units

Stock of finished goods 10000 units

Stock of work in progress 10000 units (20% complete)

Unabsorbed overheads were due to rising price levels. How would under

absorbed overheads be treated in cost accounts?

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Answer 1

Explanation:

cant do

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