Abnormal rework costs should be charged to a loss account, not to manufacturing overhead. Do you agree?

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Abnormal rework costs should be charged to a loss account, not to manufacturing overhead. Do you agree? Explain.

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Cost Accounting A Managerial Emphasis

ISBN: 978-0136126638

13th Edition

Authors: Charles T. Horngren, Srikant M.Dater, George Foster, Madhav

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Question Posted: Mar 12, 2011 01:36 AM

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Abnormal rework costs should be charged to a loss account, not to manufacturing overhead. Do you agree?

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Yes Abnormal rework is a loss just like abnormal spoilage By chargi...View the full answer

Cost Accounting A Managerial Emphasis

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