hello sir
question 22 in mock exam of open tution
what is under /over absorption of fixed overhead?
my answer is
oar=8x3=24
overhead absorbed is 24x90000=2160000
actual absorbed is 700000
2160000-700000=14600000 over absorbtion
which is wrong
and what is the use of opening and closing inventory in under and over absorption i really get confused and u explain how to do this question
thanks
