Under and over absorption, Accounting Basics

A company absorbs overheads on machine hours that are budgeted at 11,250. The budgeted overhead is $281 250. 

Results illustrate actual hours of 10 980 and overhead of $276 652.

What is the under/over-absorption?

A. overhead over-absorbed by $2152

B. overhead over-absorbed by $4598

C. overhead under-absorbed by $2152

D. overhead under-absorbed by $4598

Posted Date: 2/13/2013 12:35:48 AM | Location : United States

Related Discussions:- Under and over absorption, Assignment Help, Ask Question on Under and over absorption, Get Answer, Expert's Help, Under and over absorption Discussions

Write discussion on Under and over absorption
Your posts are moderated
Related Questions
J Green''s financial position at 1 May 2008 was as follows bank 2,910 cash 160 equipment 5,900 premises 25,000 creditors R smith 890 t thomas 610 debtors j car

An invoice for product X totals $1,200 and is dated July 6, 2000 with terms 2/10-60X. If the invoice is paid on September 3, 2000, what is the net amount of payment? A. $912

Comprehensive Problem in Trial Balance Cash $ 26,470 A/R   14,222 Office Supplies    4,298 Prepaid Insurance   23,137 Equipment 131,495 A/D - Equipment   $19,096 Accounts P

Reliable information is essential before decision makers can make a sound decision involving the allocation of scarce resources. Accounting information is precious because decision

Numerous accounting organizations have codes of ethics governing the behaviour of their members. For example both the American Institute of Certified Public Accountants and the Ins

A Customer Master Record is a permanent record that haves key information about a business partner or a material. This information must be entered into the system before any transa

Recording Private Company Credit Card Sales Goes to the individual company-not a bank. Treated as a sale on account. Credit card Company is responsible for collection of

If you can earn 4 percent, how much will you have to save each year if you want to retire in 35 years with $ 1 million?

Uses of cash flow statements: The main usefulness of cash flow analysis is that it facilitates the Finance manager to approximation the cash necessities of the firm and match t

what is the accounting?