Normal spoilage is:
A) Considered to be a cost of the good units produced
B) Recorded to a special loss account
C) Treated as a current period expense
D) Allocated to beginning work in process when it comes after the inspection point

Question

Quizplus · Accepted Answer

Normal spoilage is considered to be a cost of the good units produced, meaning it is accounted for in the cost of goods sold. It is not recorded separately in a loss account or treated as a current period expense. It is also not allocated to beginning work in process.

Normal Spoilage Is