Start networking and exchanging professional insights

Register now or log in to join your professional community.

Follow

The cost which Result from Unacceptable spoilage ordinarily is charged to:

A.   Inventory.

B.   A material variance account.

C.   Manufacturing overhead.

 

D.   A special loss account.

user-image
Question added by Ahmed Said , Cost accounting supervisor , Roots Steel international
Date Posted: 2015/05/13
Ahmed Saad
by Ahmed Saad , Chief general accountant , Magic Bag factory for manufacturing plastic bags

the answer will be ( D ) because unacceptable spoilage consider abnormal spoilage that companies not expected it from operating material and record it in income statement

More Questions Like This

Do you need help in adding the right keywords to your CV? Let our CV writing experts help you.