A management consultancy recovers overheads on chargeable consulting hours. Budget overheads were ₹6,15,000 and actual consulting hours were 32,150. Overhead were under recovered by ₹35,000. If actual overhead were ₹6,94
CS Executive · Corporate and Management Accounting · PYQS · June 2021
A management consultancy recovers overheads on chargeable consulting hours. Budget overheads were ₹6,15,000 and actual consulting hours were 32,150. Overhead were under recovered by ₹35,000. If actual overhead were ₹6,94,075, what was the budgeted overhead absorption rate per hour.
Answer & Explanation:
Correct Answer: Option (B)
Official answer key: (B).
Topics: Management Accounting
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