Intermediate A company absorbs overheads on machine hours. In a period, actual machine hours were 17285, actual
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Intermediate A company absorbs overheads on machine hours. In a period, actual machine hours were 17285, actual overheads were £496 500 and there was under-absorption of £12 520.
What was the budgeted level of overheads?
A £483 980 B £496 500 C £509020 D It cannot be calculated from the information provided.
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