Question

when premises are owned a change in lieu of rent is

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Answer 1

Answer:

They are: Charges in lieu of rent where premises are owned, interest on capital employed in production but upon which no interest is actually paid. 3. Under/Over absorption of overhead expenses: In cost accounts, overheads are absorbed at predetermined rates which are based on past data.

Explanation:

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Answer 2

Answer:

an imputed cost

Explanation:

an imputed cost