Under absorption of overhead expense in cost accounting results in _______.

Related MCQs

• Certain overhead costs cannot be directly charged to a department or cost centres. The process of distribution of such overhead costs to various departments is called
• Telephone expense is …………….expense.
• In an integrated accounting system the accounting entries for factory overhead absorbed would be :
• The per unit expense of the ……………portion factory overhead varies with the volume of production while………………..portion remains the same with volume.
• Which of the following costs is not a factory overhead expense?
• When factory overhead control account has an ending debit balance, factory overhead was………………
• When the amount of overhead absorbed is less than the amount of overhead incurred it is known as
• ………………….budget may be classified into material cost budget, labour cost budget and overhead budget.
• ……………..includes financial and cost accounting, tax planning and tax accounting.
• Cost Accounting has been developed becauseof……………… of Financial Accounting.