Upandown Ltd has provided the following information about its overhead expenditure for four quarterly periods ended 31
Question:
Upandown Ltd has provided the following information about its overhead expenditure for four quarterly periods ended 31 December.
Required
Calculate the under-absorption or over-absorption of overhead in each of the four quarterly periods. State clearly in each case whether the overhead was under- or over-absorbed.
Transcribed Image Text:
Tramm gestu innan a Budgeted overhead Planned productions (units) Actual overhead Actual output (units) 3 months to 31 March $124 000 m 1 000 $128 000 900 3 months to 3 months to 30 June 30 September $128 000 $130 000 We 1 000 1 000 $125 000 1 050 $129 500 1 100 3 months to 31 December $131 000 1 000 $132 800 980
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