Question
In a process account, the costs which will be borne by
the good production units include _____. 1. Normal loss 2. Abnormal Loss 3. Cost related to the processSolution
The good production costs will include the cost related to the process and also absorbs the normal loss. If Normal Loss is physically present in the form of scrap, it may have some value and will be credited to Process A/c. If Actual Loss > Normal Loss : the difference is abnormal loss . Abnormal Loss is not absorbed by good production, rather it is transferred to Costing Profit & Loss A/c
What is ISRO’s Pushpak mission related to?
Which of the following enzymes is used in the stabilisation of rice bran oil?
The duration of the 12th five year plan was from _______ to ________.
Which of the following is the largest cultivable valley in the Himalayas ?
Match List – I with List – II and select the correct answer using the codes given below the lists:
The Home Rule movement was an important movement during the phase of Indian National Movement.
1. It was in 1915 that Annie Besant announced her ...
What is the traditional culinary delight from Odisha’s Mayurbhanj district that recently received a Geographical Indication (GI) tag?
Recently Association of Southeast Asian Nations (ASEAN) has agreed in principle to admit which country as the group’s 11th member?
Which chemical law proposes that 'soft drinks and soda bottles are sealed under high pressure to increase the solubility of CO2'?
Dree Utsav is celebrated in the state of ____________.