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Preparation of Statement of Profit and Loss

is the excess...

Question

___________ is the excess of overheads absorbed over the actual amount of overheads incurred.

A

Over absorption of overheads

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B

Under absorption of overheads

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C

Overheads absorption

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D

None of these

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Solution

The correct option is A Over absorption of overheads
Over absorption of overheads means the excess of overheads absorbed over the actual amount of overheads incurred.

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