Intermediate The following data are to be used for sub-questions (i) and (ii) below: Budgeted labour hours

Intermediate The following data are to be used for sub-questions (i) and (ii) below:

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Budgeted labour hours 8500 Budgeted overheads 148 750 Actual labour hours 7928 146 200 Actual overheads (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 18.76 per hour D (ii) Based on the data given above, what is the amount of overhead under/over-absorbed? A B 2550 under-absorbed 2529 over-absorbed C 2550 over-absorbed D 7460 under-absorbed