Normal cost of Normal output is equal to
A) Total cost-scrap value of normal los
B) Total loss-normal loss
C) Total input-normal loss
D) None
Correct Answer:
Verified
Q2: When fixed cost decreases, the break even
Q3: A method of costing which is used
Q4: The process A/c is debited with
A)All expenses
Q5: The process A/c is credited with
A)Value of
Q6: Normal Process Loss is
A)Avoidable and controllable
B)Unavoidable and
Q8: The finished product of one process becomes
A)Raw
Q9: Units of abnormal gain………………..in process A/c and
Q10: Units of abnormal loss is………………..in abnormal process
Q11: If abnormal loss has any scrap value
Q12: Any loss over and above the normal
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