2. Cost of abnormal wastage is :

CS Executive · Cost and Management Accounting · PYQS · June 2021
2. Cost of abnormal wastage is :
(A) Charged to the product cost
(B) Charged to the profit & loss account
(C) Charged partly to the product and partly to the profit & loss account
(D) Not charged at all

Answer & Explanation:

Correct Answer: Option (B)

Official answer key: (B).

Topics: Material Cost

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