Question: A company absorbs overheads based on labor hours. Data for the latest period are as follows:Budgeted labor hours 8,500Budgeted overheads K148,750Actual labor hours 7,928Actual overheads

A company absorbs overheads based on labor hours. Data for the latest period are as follows:Budgeted labor hours 8,500Budgeted overheads K148,750Actual labor hours 7,928Actual overheads K146,200 1 answer

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