Cost Accounting · Quick practice · answer shown after each question
Question 1 of 10
Under-absorption of overheads occurs when
Question 2 of 10
Budgeted overheads are GH₵ 40,000 and budgeted machine hours are 8,000. Find the overhead absorption rate.
Question 3 of 10
Canteen costs are best apportioned on the basis of
Question 4 of 10
Factory rent is best apportioned to departments on the basis of
Question 5 of 10
Budgeted overheads GH¢40,000; budgeted labour hours 8,000. The absorption rate is
Question 6 of 10
Rent is best apportioned among departments on the basis of
Question 7 of 10
Charging overheads to cost centres on a fair basis is
Question 8 of 10
Budgeted overheads GH¢40,000 and budgeted machine hours 8,000. The absorption rate is
Question 9 of 10
Overheads absorbed are GH¢48,000 and actual overheads are GH¢50,000. The overheads are
Question 10 of 10
Over-absorption of overheads occurs when
Questions written by OtisamLMS in the style of the WASSCE. They are not WAEC past questions.