Overtime wages arising out of abnormal conditions, eg. flood, strike etc. should not be charged to ............

CS Executive · Cost and Management Accounting · PYQS · June 2017
Overtime wages arising out of abnormal conditions, eg. flood, strike etc. should not be charged to ............
(A) Cost of production
(B) Trading Account
(C) Profit & Loss Account
(D) None of the above

Answer & Explanation:

Correct Answer: Option (A)

Official answer key: (A).

Topics: Labour Costing

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