Question
During June 20, 2012, AB Company. had the following data: Normal spoilage $2,000 and abnormal spoilage $1,000. The normal spoilage is regarded as common to
During June 20, 2012, AB Company. had the following data: Normal spoilage $2,000 and abnormal spoilage $1,000. The normal spoilage is regarded as common to all operations. AB Company has only one production Department.
Assuming process costing system, the abnormal spoilage should be charged to = |
|
Assuming Job Order Costing system, the normal spoilage should be charged to = | |
Assuming process costing system, the normal spoilage should be charged to Abnormal spoilage = |
A. Normal spoilage less abnormal spoilage
B. Work in Process Control
C. Finished goods
D. Loss from Abnormal Spoilage (Special Loss Account)
E. Manufacturing Overhead (Specific Job)
F. Loss from Normal Spoilage (Special Loss Account)
G. Normal spoilage and abnormal spoilage
H. Total spoilage less normal spoilage
I. Direct material inventory
J. Manufacturing Overhead Contro
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started