Gill Myers

Gill is a self-employed accounts consultant. She has taught AAT qualifications since 2005 and written numerous articles and e-learning resources.

Study tips

Study tips: Fixed overheads – part 2 actual overheads and under/over absorption

In a previous article, we considered overheads; what they are, how they are budgeted, and how they are absorbed. Now we are going to focus on actual overheads and how they differ from the overheads recovered via overhead absorption rates.