πŸ“Š Cost and Works Accounting 2
Q. What would be the effect of inaccurate estimation of overhead absorption rates on a Job?
  • (A) If the jobs are over-priced, customers will go elsewhere
  • (B) If the jobs are under-priced, sales revenue will fail to cover costs and/or provide an adequate return
  • (C) Both A&B
  • (D) None
πŸ’¬ Discuss
βœ… Correct Answer: (C) Both A&B

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