Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

6. Brave Bro Sdn Bhd uses standard absorption costing and absorbs production overheads on the basis on direct labour hours. The following budgeted and

image text in transcribed

6. Brave Bro Sdn Bhd uses standard absorption costing and absorbs production overheads on the basis on direct labour hours. The following budgeted and actual information applies to the previous accounting period: Week 5 IDiscuss MAF451 Traditional overhead MCQ Answer all questions. Please provide workings for your calculations Production overhead Direct labour hours Machine hours Budget RM200,000 25,000 15,000 Actual RM215,000 28,500 17,000 Determine the over or under absorption. Show your detailed calculations for the answer. Over absorbed by RM13,000 B. Under absorbed by RM13,000 ABCD C. Over absorbed by RM15,000 D. Under absorbed by RM15,000 (2 marks)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Accounting Information Systems The Processes and Controls

Authors: Leslie Turner, Andrea Weickgenannt

2nd edition

9781118473030, 1118162307, 1118473035, 978-1118162309

More Books

Students also viewed these Accounting questions

Question

Who is the Threat Notification Officer for the department?

Answered: 1 week ago

Question

Determine miller indices of plane A Z a/2 X a/2 a/2 Y

Answered: 1 week ago