The under recovery or over recovery of overheads should be :

CS Executive · Cost and Management Accounting · PYQS · December 2018
The under recovery or over recovery of overheads should be :
(A) Carried forward to the next period
(B) Charged by a supplementary rate
(C) Transferred to Costing Profit and Loss Account
(D) Adjusted by using any one of the above three

Answer & Explanation:

Correct Answer: Option (D)

Official answer key: (D).

Topics: Overhead Costing

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