The cost accountant of Nono Chemicals Ltd determined the overhead-recovery rate for the year 2009 (based on

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The cost accountant of Nono Chemicals Ltd determined the overhead-recovery rate for the year 2009

(based on direct-labour hours) with the following estimates:

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Calculate the predetermined overhead recovery rate and fi nd out the amount of under- or over-absorption, if any.

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Cost Accounting

ISBN: 9788131732076

1st Edition

Authors: V. Rajasekaran, R. Lalitha

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