Question: What is the difference between underabsorption and overabsorption: Group of answer choices None Overabsorption is when the overhead rate is set too low, the company

What is the difference between underabsorption and overabsorption: Group of answer choices None Overabsorption is when the overhead rate is set too low, the company will not get enough money from its customers to meet its actual overhead cost; AND Underabsorption is when the the overhead rate is set too high, the company will include more for overhead in its charges than is needed to meet the actual overhead costs. Underabsorption is when the overhead rate is set too high, the company will not get enough money from its customers to meet its actual overhead cost; AND Overabsorption is when the the overhead rate is set too low, the company will include more for overhead in its charges than is needed to meet the actual overhead costs. Underabsorption is when the overhead rate is set too low, the company will not get enough money from its customers to meet its actual overhead cost; AND Overabsorption is when the the overhead rate is set too high, the company will include more for overhead in its charges than is needed to meet the actual overhead costs

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