If the amount of wastage in a manufacturing process is abnormal, it should be classified as: (a).
Question:
If the amount of wastage in a manufacturing process is abnormal, it should be classified as:
(a). Deferred charge
(b). Joint cost
(c). Period cost
(d). Product cost
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The correct answer is c Period cost Heres an explanation of why In accounting costs associated with ...View the full answer
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