Question: Using absorption costing, production overhead costs are normally a. Absorbed at a predetermined rate, based on budgeted overhead expenditures and budgeted production volume b. Absorbed

Using absorption costing, production overhead costs are normally

a. Absorbed at a predetermined rate, based on budgeted overhead expenditures and budgeted production volume

b. Absorbed at rates calculated using actual overhead cost and actual production volume

c. Treated as period cost and written off in toal against the contribution of the period

d. Apportioned between cost centres and absored using a specified method of cost allocation.

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