Narwhinder Design Fabrications Limited produces a single product.The company's management accountant has budgeted the following totals in respect of the 20X2 financial year: Units of production are estimated at 658 000.
What is the estimated overhead absorption rate for 20X2, based on units of production (to the nearest penny)?

Question

Narwhinder Design Fabrications Limited produces a single product.The company's management accountant has budgeted the following totals in respect of the 20X2 financial year:  Units of production are estimated at 658 000.
What is the estimated overhead absorption rate for 20X2, based on units of production (to the nearest penny)?

Quizplus · Accepted Answer

The Answer of Narwhinder Design Fabrications Limited produces a single product.The company's management accountant has budgeted the following totals in respect of the 20X2 financial year:  Units of production are estimated at 658 000.
What is the estimated overhead absorption rate for 20X2, based on units of production (to the nearest penny)?

Narwhinder Design Fabrications Limited Produces a Single Product