A company absorbs overheads on machine hours. In a period, actual machine hours were 17,285, actual overheads
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A company absorbs overheads on machine hours. In a period, actual machine hours were 17,285, actual overheads were £496 500 and there was under-absorption of £12,520.
What was the budgeted level of overheads?
(a) £483,980
(b) £496,500
(c) £509,020
(d) It cannot be calculated from the information provided.
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