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Assume ABC Company has the following information at the end of the year: Total cost per unit = $10.00 Total spoilage in units = 200

Assume ABC Company has the following information at the end of the year: Total cost per unit = $10.00 Total spoilage in units = 200 From the total spoilage, 80% are considered normal spoilage. Make the journal entries for normal and abnormal spoilage and assume that abnormal spoilage

is scrap.

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