Q. 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 profit & loss account
D. Not charged at all.
Answer: Charged to the profit & loss account
A. Charged to the product cost
B. Charged to the profit & loss account
C. Charged partly to the product and partly profit & loss account
D. Not charged at all.
Answer: Charged to the profit & loss account