When is the following entry passed in non-integrated system — Costing Profit and Loss A/c..........Dr. To Overheads Suspense A/c

CS Executive · Cost and Management Accounting · PYQS · June 2015
When is the following entry passed in non-integrated system — Costing Profit and Loss A/c..........Dr. To Overheads Suspense A/c
(A) Under absorption of overheads which is not yet adjusted
(B) Over absorption of overheads
(C) Overheads incurred and accrued
(D) Allocation of indirect labour.

Answer & Explanation:

Correct Answer: Option (A)

Official answer key: (A).

Topics: Cost Accounting

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