Monday 29 October 2012

Reasons for under and over absorbed overheads



 Reasons for under and over absorbed overheads



The production overhead are charged on predetermined rate which is based on budgeted overheads and budgeted level of activity. Therefore actual expenditure may differ from that rate. The main reason for that difference due to following reasons.


  1. Actual expenditure differ from the budgeted expenditure
  2. Budgeted level activity differ from actual level of activity

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