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Hello!
I have a little problem in cost accounting concept of overheads.
What is the difference between applied and absorbed overheads i can't differentiate it. In some places in cost accounting applied overhead is used and in other places absorbed overhead is used.
I have a little problem in cost accounting concept of overheads.
What is the difference between applied and absorbed overheads i can't differentiate it. In some places in cost accounting applied overhead is used and in other places absorbed overhead is used.