If prime cost is ₹17,80,000 and factory cost is ₹22,25,000, then absorption rate of factory overhead on prime cost is:
CS Executive · Cost and Management Accounting · PYQS · December 2021
If prime cost is ₹17,80,000 and factory cost is ₹22,25,000, then absorption rate of factory overhead on prime cost is:
Answer & Explanation:
Correct Answer: Option (B)
Official answer key: (B).
Topics: Overheads
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