Vidyalelo
Commerce · Q129

Costing

Graduate and Post Graduate · Commerce · question 129

Q129

Absorption means ________.

A.
charging overheads to cost centres
B.
charging of overheads to cost units
Answer
C.
charging of overheads to cost centres or cost units
D.
allotment of overheads to different departments

Answer: Option B

Solution

Answer: Option B
Solution:
Absorption means charging of overheads to cost units. It means costs is absorbed by the production (or product units )during the period or charging each unit of a product with an equitable share of overhead expenses.