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Which over-absorbed overheads occur when

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Reference no: EM132659963

Problem 1: Over-absorbed overheads occur when

A. Absorbed overheads exceed actual overheads

B. Absorbed overheads exceed budgeted overheads

C. Actual overheads exceed budgeted overheads

D. Budgeted overheads exceed absorbed overheads

Problem 2: A profit centre is:

A. The profit attributed to a business unit.

B. A business unit whose manager is responsible for operating costs and revenues from the activities of the unit.

C. A unit of product or service for which costs and revenues are measured.

D. A business unit whose manager is responsible for investment decisions within the unit.

Reference no: EM132659963

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