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Which of the following statements is correcct regarding abnormal spoilage of materials used for a particular job? a.it should be ignored as a product or
Which of the following statements is correcct regarding abnormal spoilage of materials used for a particular job?
a.it should be ignored as a product or period cost
b it should be treated as normal spoilage of materials
c it should be included in direct materials cost
d it should be expensed as a period cost or included in manufacturing overhead
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