Cost of abnormal wastage is charged to —

CS Executive · Cost and Management Accounting · PYQS · December 2016
Cost of abnormal wastage is charged to —
(A) Production cost
(B) Costing profit and loss account
(C) Partly to the product and partly to costing profit and loss account
(D) Selling and distribution cost.

Answer & Explanation:

Correct Answer: Option (B)

Official answer key: (B).

Topics: Cost Accounting

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