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Commerce · Q674

Costing

Graduate and Post Graduate · Commerce · question 674

Q674

In normal costing, budgeted rate is multiplied to an actual quantity, which have been used as allocation base to calculate

A.
budget overhead applied
B.
manufacturing overhead applied
Answer
C.
labour overhead applied
D.
none of above

Answer: Option B

Solution

Answer: Option B
Solution:
In normal costing, budgeted rate is multiplied to an actual quantity, which have been used as allocation base to calculate manufacturing overhead applied.