Hello Sir! What’s the defference between the actual amount of overheads and the overheads absorbed.lm failing to understand why they aren’t the same thing
The overheads absorbed are based on the standard overhead absorption rate as budgeted. The actual overheads are those actually incurred.
This is all explained (with examples) in my free lectures. The lectures are a complete free course for Paper MA and cover everything needed to be able to pass the exam well.