Under and over absorption, Accounting Basics

Assignment Help:

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


Related Discussions:- Under and over absorption

Please explain i''m so lost chandler ltd., Please explain I'm so lost ...

Please explain I'm so lost Chandler Ltd. estimates sales for the second quarter of 2014 will be as follows. Month Units April 2,550 May 2,475 June 2,390 The t

Uncollectible accounts, The Olympic Company has an accounts receivable bala...

The Olympic Company has an accounts receivable balance at December 31, 2010 of $159,548.00.  The existing balance in the Allowance for Uncollectible Accounts was a credit of $2,563

Explain about pegboard system, Q. Explain about pegboard system? One mo...

Q. Explain about pegboard system? One more innovation in manual systems was the one write or pegboard system. Beside creating one document and aligning other records under it o

What is difference between super stockist and distributor, Super stockist i...

Super stockist is one who supply product to n no. of distributor in area. Distributor is one who supply to dealers in the area

Show purchase returns and allowances account, Q. Show Purchase Returns and ...

Q. Show Purchase Returns and Allowances account? Both allowances and returns reduce the buyer's debt to the seller and decrease the cost of the goods purchased. The buyer may d

Journal, Why to and by using in journal, trading a/c, p&l a/c and ledger?

Why to and by using in journal, trading a/c, p&l a/c and ledger?

Which accounting concept this?, All relevant information and explanations a...

All relevant information and explanations about a business have been included in its financial reports

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd