Complete the table regarding accounting entries pertaining to Over/Under 3 absorption of overheads: Absorption of Overhead Accounts Dr/Cr…

Accounting entries pertaining to over/under absorption of overheads Absorption of Overhead Accounts Dr/Cr Calculation of Amount Formula Under-absorption Stock of Finished Goods Account Dr Units of Finished Stock x Supplementary rate per unit Over-absorption Stock of Semi-finished Goods (WIP) Account Cr Equivalent Completed Units x Supplementary rate per unit Under-absorption Cost of Sales Account Dr Units sold x Supplementary rate per unit