.............……….process loss should be transferred to costing profit & loss account.
A)abnormal
B)normal
C)both a& b
D)none of these

Question

Quizplus · Accepted Answer

Abnormal process loss is transferred to the costing profit & loss account because it represents losses that are not expected to occur under normal operating conditions. Normal process losses are typically absorbed into the cost of production and do not get transferred to the profit & loss account.

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