The term used by manufacturers to indicate that its manufacturing overhead applied or assigned to its output is less than the amount actually incurred.
The term used by manufacturers to indicate that its manufacturing overhead applied or assigned to its output is less than the amount actually incurred.
What do overabsorbed and underabsorbed mean? Definition of Overabsorbed and Underabsorbed In cost accounting, overabsorbed and underabsorbed pertain to a manufacturer’s manufacturing overhead costs. The manufacturing...
(and the costs are as planned) the fixed manufacturing overhead will be underabsorbed. When the actual volume exceeds the planned volume (and the costs are as planned) the fixed manufacturing overhead will be...
. overapplied overhead (or) overabsorbed overhead This is the result of assigning more indirect manufacturing costs than the actual or the planned amount. Mark as wrong Mark as right underapplied overhead (or)...
the actual manufacturing overhead costs are greater than the manufacturing overhead costs that have been applied to products, the manufacturing overhead has been __________. Select... overabsorbed overapplied...
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