Rtp ama
AAYUSH BANSAL (ca aspirant) (92 Points)
18 September 2014
Saurabh
(CA - Grand Finale)
(71 Points)
Replied 20 September 2014
Answer in RTP is correct.
Over/Under Absorption is always computed in comparison with Actual Overhead and not Budgeted Overheads. Thus, to get Absorbed O/H u have to first calculate Actual O/H and then add Overabsorption amount.
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