Answer-In process costing, the cost of normal loss is:

Normal loss is an unavoidable loss inherent in the production process. Its cost is not treated separately but is absorbed by the good units produced. This increases the cost per unit of the good output.

Question

In process costing, the cost of normal loss

is:

A Charged to the costing Profit & Loss A/c

B Absorbed by the good units produced

C Carried forward as an asset

D Ignored completely

E Charged to the customer

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In process costing, the cost of normal loss

Solution