Use the information below. Budgeted overhead cost = $60000$ Actual overhead cost = $66000$ Budgeted direct labour hours = $30000$ Actual direct labour hours = $35000$ Overheads are absorbed using direct labour hours. Calculate the amount of over absorption or under absorption of overheads?
- A$4000$ over
- B$4000$ under
- C$6000$ over
- D$6000$ under