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The budgeted and actual data for Yellow Products Co for the year to 31 March...

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Accounting

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The budgeted and actual data for Yellow Products Co for the year to 31 March 20X4 are as follows. The cost accountant of Ltd has decided that overheads should be absorbed on the basis of labour hours. Required: Calculate the amount of under-or over-absorbed overheads for Yellow Products Co for the year to 31 March 20X4

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