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4) Costs of normal spoilage are usually accounted for as A) a deduction from the cost of goods sold B) a component of the costs

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4) Costs of normal spoilage are usually accounted for as A) a deduction from the cost of goods sold B) a component of the costs of good units manufactured C) a "loss from normal spoilage account" in income statement D) a liability on a balance sheet E) None of the above

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