In job costing if scrap can be sold it can reduce the cost of the job it was associated with or be credited to overhead.

Name: In job costing if scrap can be sold it can reduce the cost of the job it was associated with or be credited to overhead.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

When scrap from a job can be sold, the proceeds can either reduce the specific job's cost by crediting the job account directly or be credited to overhead, thereby reducing the overall overhead cost allocated to jobs.

In Job Costing If Scrap Can Be Sold It Can