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متابعة

The cost associated with abnormal spoilage ordinarily is charged to:

A. Inventory.

B. A material variance account.

C. Manufacturing overhead.

D. A special loss account.

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تم إضافة السؤال من قبل Hany Sabry , Finance Manager , Coffee Adress
تاريخ النشر: 2015/01/25
Syed Sheraz Haider
من قبل Syed Sheraz Haider , BRANCH ACCOUNTANT , BIG BIRD POULTRY BREEDERS (PVT) LTD

D

Umer Sharif
من قبل Umer Sharif , Consultant Lead Financial, Functional, Implementation of Infor ERP Syteline ‚ Eccountant & SmartHCM. , Bin Rasheed Technology Pvt Ltd.

Abnormal loss cannot be adjustable in prices as normal losses does. Answer is "D"

Abd ElRahman Mohammed Idris Mohammed
من قبل Abd ElRahman Mohammed Idris Mohammed , Internal Audit Manager , Kenana Sugar Company Limited

OPTION (D) IS THE CORRECT ANSWER.

Yusuf Chotejan Baig
من قبل Yusuf Chotejan Baig , F&A Manager

 

The loss is abnormal in nature and any abnormal loss should be charged to P&L Account. 

Muhammad Sarmad Akram
من قبل Muhammad Sarmad Akram , Accounts Administration Manager , Best All Traders

D1 st req. Indentify nature and cause and appropriate action than2nd req. must be expensed out in the period they incurred.

shabeer kanakkantey kanty
من قبل shabeer kanakkantey kanty , ACCOUNTANT , Volcane advertising.l.l.c

option D is the correct answer 

Khurram Shaukat Memon
من قبل Khurram Shaukat Memon , Academic Research Writer , Freelance Academic Research Writer

I think answer is option (c).

المزيد من الأسئلة المماثلة