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YouTubeAlt Academy
Use of Overhead Absorption Rate | Absorption Costing | A Level | Accounting
In this lesson you will learn to: * Explain what “budgeted activity” means and why it’s crucial for determining an appropriate overhead absorption base. * Identify various suitable allocation bases (e.g., machine hours, labor hours, material cost, prime cost, or units produced) that firms can use to trace overheads per unit. * Apply the ...
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