Units of abnormal gain………………..in process A/c and ……………in abnormal gain A/c
A) Credited, Debited
B) Debited, Debited
C) Debited, Credited
D) Credited, Credited
Correct Answer:
Verified
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
Q8: The finished product of one process becomes
A)Raw
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
Q14: Production order costing is also known as
A)Job
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