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You are given the following management accounts information: Budgeted labour hours 30,000 Actual Labour hours 30,600 Actual Overheads 118,000 What are overheads under/over absorbed by?

You are given the following management accounts information:

Budgeted labour hours 30,000

Actual Labour hours 30,600

Actual Overheads 118,000

What are overheads under/over absorbed by?

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