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Which of the following statements is true? When the inspection point is at the beginning of the process, normal spoilage costs should be allocated to

image text in transcribed Which of the following statements is true? When the inspection point is at the beginning of the process, normal spoilage costs should be allocated to both C\&T and Ending WIP When the inspection point is at the end of the process, normal spoilage costs should be allocated only to C\&T Abnormal spoilage is recorded by debiting "Loss from AS" and crediting WIP All of the above statements are true

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