Cost of Idle Time due to abnormal causes should be :

CS Executive · Cost and Management Accounting · PYQS · December 2018
Cost of Idle Time due to abnormal causes should be :
(A) Treated as part of cost of production
(B) Not included as a part of cost of production
(C) Charged to costing profit and loss account
(D) Separately shown in the financial statements

Answer & Explanation:

Correct Answer: Option (C)

Official answer key: (C).

Topics: Labour Costing

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