If the actual expenses fall short of the amount absorbed, it is known as —

CS Executive · Cost and Management Accounting · PYQS · December 2014
If the actual expenses fall short of the amount absorbed, it is known as —
(A) Under absorption
(B) Over absorption
(C) Allocation
(D) Apportionment.

Answer & Explanation:

Correct Answer: Option (B)

Correct answer: (B) Over absorption.

Topics: Overhead Costing

Open in Interactive Practice Hub · Full Practice Hub · Chapter Weightage · More in this subject

Related Questions in this Topic