Which of the following methods is used to account for the under-absorption and over- absorption of overheads —

CS Executive · Cost and Management Accounting · PYQS · June 2015
Which of the following methods is used to account for the under-absorption and over- absorption of overheads —
(A) Use of supplementary rates
(B) Carrying forward of overheads
(C) Writing-off to costing profit and loss account
(D) All of the above.

Answer & Explanation:

Correct Answer: Option (D)

Official answer key: (D).

Topics: Overhead Costing

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