Basic. Based on the data below, what is the amount of the overhead under-/over-absorbed? Budgeted overheads $493
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Basic. Based on the data below, what is the amount of the overhead under-/over-absorbed?
Budgeted overheads $493 200 Budgeted machine hours 10960 Actual machine hours 10493 Actual overhead $514157
(a) $20957 under-absorbed
(b) $21015 over-absorbed
(c) $21015 under-absorbed
(d) $41.972 under-absorbed
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