In inter process profits, the output of one process is transferred from one process to another not at …………….but at ……………….
A) market price, actual cost
B) actual cost, market price
C) both a& b
D) none of these
Correct Answer:
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Q15: When actual loss is................than the estimated loss,
Q16: When actual loss is..........................than the estimated loss,
Q17: When 1000 units are 60% complete in
Q18: Equivalent units represent the production of a
Q19: .............……….process loss should be transferred to costing
Q20: The cost of......................process loss is absorbed in
Q22: Where actual loss in a process is
Q23: In process costing, the abnormal loss is
Q24: The process costing is not used in
Q25: …..arises where the actual process loss is
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