Overheads

Question 1 of 10

Under-absorption of overheads occurs when

Question 2 of 10

Budgeted overheads GH¢40,000; budgeted labour hours 8,000. The absorption rate is

Question 3 of 10

Electricity for machines is best apportioned by

Question 4 of 10

Budgeted overheads GH¢60,000; budgeted labour hours 12,000; actual hours 13,000; actual overheads GH¢62,000. Overheads are

Question 5 of 10

Charging overheads to cost centres on a fair basis is

Question 6 of 10

Overheads of GH¢18,000 are apportioned on floor area: A 300 m², B 200 m², C 100 m². Department B's share is

Question 7 of 10

Canteen costs are best apportioned on the basis of

Question 8 of 10

When overheads absorbed are less than overheads actually incurred, there is

Question 9 of 10

Service department costs reapportioned among production departments using the repeated distribution method account for

Question 10 of 10

Budgeted overheads are GH₵ 40,000 and budgeted machine hours are 8,000. Find the overhead absorption rate.