Question
The following are actual results: Department X Department Y Actual Machine hours 7,200 1,450 Actual Direct labour hours 1,200 6,100 Actual overheads BWP12,050.65 BWP12,560.50 Required
The following are actual results:
| Department X | Department Y | |
| Actual Machine hours | 7,200 | 1,450 |
| Actual Direct labour hours | 1,200 | 6,100 |
| Actual overheads | BWP12,050.65 | BWP12,560.50 |
Required
Calculate the OAR (Overhead absorption rate for each department (use information from (a) above. (round youre your answer to the nearest 2 decimal place.)
ii) Indicate whether there was over/under recovery of overheads from each department
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Financial And Managerial Accounting
Authors: Carl S. Warren, Jefferson P. Jones, William B. Tayler
15th Edition
1337902667, 9781337902663
