Answered step by step
Verified Expert Solution
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
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
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started