The finished product of last process is transferred to ……………… a/c
A) Abnormal gain
B) Abnormal loss
C) Normal loss
D) finished stock
Correct Answer:
Verified
Q1: Milk, butter cream, etc obtained in is
Q2: Abnormal gain =…………..
A)normal cost of normal output
Q3: In ………… costing separate account " process
Q5: In ………… costing no distinction is made
Q6: Cost of ………… is not included in
Q7: Cost of one process may be transferred
Q8: The most important criterion for distinguishing between
Q9: ………… costs relate to processes and incurred
Q10: The cost incurred up to the point
Q11: ………… is the point of production at
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