Where the normal loss in a department is identified at the end of process, its cost is :-
A) Ignored
B) Charged to work in progress ending inventory only
C) Charged to units completed and transferred out only
D) Charged to work in process ending inventory as well as to units completed and transferred out
Correct Answer:
Verified
Q14: Which of the following is not relevant
Q15: Which of the following is not correct
Q16: In process costing system, when partially completed
Q17: The direct material costing Rs. 4000 has
Q18: In a process costing system, the manufacturing
Q19: In process costing system, the predetermined overhead
Q21: While preparing the cost of production report
Q22: The normal or standard loss in processing
Q23: A loss in processing departments which can
Q24: In process costing the abnormal loss occurred
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