XYA company produces two products P and Q . They apply overhead on the basis of labour hours. P is a simple high-volume product and Q is both a complex low-volume product. What would an costing system likely disclose about products P and Q as a result of XYA's current accounting procedures? A. Undercosted Undercosted B. Undercosted Overcosted C. Overcosted Undercosted D. Overcosted Overcosted E. Costed correctly Costed correctly

a.Choice A

b.Choice B

c.Choice C

d.Choice D

e.Choice E