[nigel]

Sorry, my mistake. What I meant was premium over-time. Why aren’t
Over-time premiums included in the total
production cost when
using absorption
costing. Do we
assume that the our
calculated absorption
rate will included all
over heads once over
heads relating to
production are
calculated?

[nigel]

So which answer is correct one. A or D?

[nigel]

Yes true, however that’s the payables
ledger control account which is part of the double entry system.

[Author]

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