During a year, a company spent Rs. 2,50,000 on indirect expenses and produced 50,000 units of its

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During a year, a company spent Rs. 2,50,000 on indirect expenses and produced 50,000 units of its only product. There were no inventories. The company has decided to absorb the indirect expenditure on the basis of its output. Determine the overhead absorption rate.

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Cost Accounting

ISBN: 9788131732076

1st Edition

Authors: V. Rajasekaran, R. Lalitha

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