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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