Question: Quest Leon Status: Question 15 2 points Save Answer Ali Baba Ltd uses absorption costing to allocate overheads to its three products X, Y and

Quest Leon Status: Question 15 2 points Save Answer Ali Baba Ltd uses absorption costing to allocate overheads to its three products X, Y and Z. Overheads are absorbed into products on machine hour basis. Total production overheads for the period are 720,000. Direct labour cost is 8 per hour. The Table below gives the data relating to the individual products; Material Hours per unit Volumes per unit Products Labour hours Machine hours ! Units X 1 2 10 1500 Y 1.5 3 20 4000 Z N 3.5 24 6000 What is the overhead absorption rate? What is the overhead absorption rate? 20 o 10 25 15

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