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MGT402 - Cost & Management Accounting

Question(s) similar to the following:

FOH applied rate of Rs. 5.60 per machine hour. During the year the FOH to Rs.275,000 and 48,000 machine hours were used. Which one of following statement is correct?

Question 1: FOH applied rate of Rs. 5.60 per machine hour. During the year the FOH to Rs.275,000 and 48,000 machine hours were used. Which one of following statement is correct?

Overhead was under-applied by Rs.6,200
Overhead was over-applied by Rs.6,200
Overhead was under-applied by Rs.7,200
Overhead was over-applied by Rs.7,200

Similar Questions:

Question 2: FOH applied rate of Rs. 5.60 per machine hour. During the year the FOH to Rs.275,000 and 48,000 machine hours were used. Which one of following statement is correct?

Overhead was under-applied by Rs.6,200
Overhead was over-applied by Rs.6,200
Overhead was under-applied by Rs.7,200
Overhead was over-applied by Rs.7,200
Quizzes of MGT402 - Cost & Management Accounting
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