The following extract is taken from the overhead budget of X: Budgeted activity 50% 75% Budgeted overhead (₹) 30,00,000 40,00,000 What would be the…
CA Intermediate · Cost and Management Accounting · MTP · May 2024
The following extract is taken from the overhead budget of X: Budgeted activity 50% 75% Budgeted overhead (₹) 30,00,000 40,00,000 What would be the budgeted overhead for 60% level of activity:
Suggested Answer and Working Notes:
Correct Answer: Option (B)
B. 34,00,000
Topics: Budgets and Budgetary Control, Overheads - Absorption Costing Method
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