If there has been an over recovery of overheads, at the end of the accounting period the amount concerned should be?

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If there has been an over recovery of overheads, at the end of the accounting period the amount concerned should be?

1.Debited to the company profit and loss account.

2.Credited to the company profit and loss account.

3.Carried forward to the next accounting period as a cost saving.

4.Used to reduce next period's overhead recovery rate.

Posted Date:-2021-11-18 02:19:43

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