The finished product of one process becomes
A) Raw material of next proces
B) Finished product of next process
C) Output of next process
D) All of the above
Correct Answer:
Verified
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
Q7: Normal cost of Normal output is equal
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
Q13: ……………..is a method of costing in which
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