What do you mean by over-absorption and under-absorption of overheads? How would you treat such over and
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What do you mean by over-absorption and under-absorption of overheads? How would you treat such over and under absorbed factory-overheads in cost accounts?
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Overabsorption and underabsorption of overheads are two situations that can occur in cost accounting when the actual overhead costs incurred by a comp...View the full answer
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