A-LevelAccountingTraditional costing methods9706/12 · Feb/Mar 2020 · Q251 Mark

The following information is available for a business. fixed overheads budget $180000, actual $190000 hours budget 10000, actual 11000 What was the over-absorption or under-absorption of fixed overheads?

A$8000 over

B$8000 under

C$10000 over

D$10000 under

✓ Correct answer

A: $8000 over

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Topic: Traditional costing methods, A-Level Accounting (syllabus 9706). Multiple choice, 1 mark.
Source: A-Level Accounting, Feb/Mar 2020 Paper 1 Variant 2, question 25.

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