……………….. process loss should be transferred to costing profit and loss account

Name: ……………….. process loss should be transferred to costing profit and loss account
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Abnormal process loss is transferred to the costing profit and loss account because it represents losses that are not expected to occur under normal operating conditions. Normal losses are typically anticipated and accounted for in the product's cost.

……………… Process Loss Should Be Transferred to Costing Profit and Loss