The following data are to be used for sub-questions

(i) and (ii) below:

(i) Based on the data given above, what is the labour hour overhead absorption rate?
A $17.50 per hour B $17.20 per hour C $18.44 per hour D $18.76 per hour (ii) Based on the data given above, what is the amount of overhead under-/over-absorbed?
A $2,550 under-absorbed B $2,529 over-absorbed C $2,550 over-absorbed D $7,460 under-absorbed

Transcribed Image Text:

Budgeted labour hours Budgeted overheads Actual labour hours Actual overheads 8,500 $148,750 7,928 $146,200