The rate used in addition to the original rate of ascertaining the profit for adjusting the under or over absorption is known as —

CS Executive · Cost and Management Accounting · PYQS · December 2014
The rate used in addition to the original rate of ascertaining the profit for adjusting the under or over absorption is known as —
(A) Pre-determined rate
(B) Supplementary overheads rate
(C) Blanket rate
(D) Multiple overheads rate.

Answer & Explanation:

Correct Answer: Option (B)

Correct answer: (B) Supplementary overheads rate.

Topics: Overhead Costing

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

Related Questions in this Topic