Question
The cost of normal spoilage is usually accounted for as ________. a. a deduction from the cost of goods sold b. a component of the
The cost of normal spoilage is 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 answers. |
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Computer Accounting With QuickBooks 2021
Authors: Donna Kay
20th Edition
1264069197, 9781264069194
