When costing loss is ₹6,500, administrative overhead under absorbed being ₹500, the loss as per financial accounts should be :

CS Executive · Cost and Management Accounting · PYQS · June 2017
When costing loss is ₹6,500, administrative overhead under absorbed being ₹500, the loss as per financial accounts should be :
(A) ₹7,000
(B) ₹6,500
(C) ₹6,000
(D) ₹8,000

Answer & Explanation:

Correct Answer: Option (A)

Official answer key: (A).

Topics: Cost Reconciliation

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