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Which of the following statements is false? a) Normal spoilage isa product cost and is capitalized in the balance sheet b) Abnormal spoilage is controllable
Which of the following statements is false?
a) Normal spoilage isa product cost and is capitalized in the balance sheet
b) Abnormal spoilage is controllable and avoidable
c) Abnormal spoilage costs are period costs and are charge to the income statement
d) Physical units of normal and abnormal spoialge will change depending on whether FIFO or Weighted Average method is used
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