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In which of the following ways is normal spoilage accounted for? Included in inventory valuation until year-end and then written off. Included as part of
In which of the following ways is normal spoilage accounted for?
Included in inventory valuation until year-end and then written off. |
Included as part of the unit cost of output. |
Expensed in the period in which it occurred. |
Written off to cost of goods sold. |
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