Abnormal spoilage is considered to be.
A) a product cost.
B) a period cost.
C) a product cost recorded in a Loss from Abnormal Spoilage account.
D) a period cost recorded in a Loss from Abnormal Spoilage account.
E) a period cost recorded in a Loss from Abnormal Spoilage account in the period in which the spoilage is identified.
Correct Answer:
Verified
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