Magnificent Sdn Bhd is a manufacturing company producing slime. It has two productiondepartments; Mixing and Packing and two service departments; Store and Maintenance.Mixing department is more machine oriented and Packing is more labour oriented.The following information relates to the operation on the month of May 2020:MixingRM189,500PackingRM90.500Actual total production overheadsBudgeted total production overheads RM178,500Actual machine hoursRM94,5005,0501,010Budgeted machine hours5,1001,100Actual direct labour hours1,3803,460Budgeted direct labour hours1,4003,500 5)Determine the over or under absorption of overhead for Mixing department. Show yourdetailed calculations for the answer.RM24,000 (Under)RM13,870 (Under)RM11,842 (Under)RM12.750 (Under)ABCD

Manufacturing overhead means the expense incurred in factory which is not directly linked with…

5) Determine the over or under absorption of overhead for Mixing department. Show your detailed calculations for the answer. RM24,000 (Under) RM13,870 (Under) RM11,842 (Under) RM12.750 (Under) ABCD C. D.

5) Determine the over or under absorption of overhead for Mixing department. Show your detailed calculations for the answer. RM24,000 (Under) RM13,870 (Under) RM11,842 (Under) RM12.750 (Under) ABCD C. D.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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