Standard for various overheads is based on:

CS Executive · Cost and Management Accounting · PYQS · December 2019
Standard for various overheads is based on:
(A) The past performance
(B) Budgeted output
(C) Forecast
(D) All of the above

Answer & Explanation:

Correct Answer: Option (D)

Official answer key: (D).

Topics: Budgetary Control

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