Q. Which of the following accounting treatment is correct in relation to “Spoilage”?
A. Loss due to spoilage can be debited to the job /product /process in which it occurred.
B. It may be charged to factory over-heads so that the loss is borne by all products.
C. If spoilage occurs on a specific job/ special order, it is charged to that job itself.
D. All of the above
Answer: All of the above
