CA inter costing

IPCC 293 views 2 replies
In process costing.. When is abnormal loss and abnormal gain to be taken at 100% complete in respect of materials, labour and overheads?
Replies (2)
it is as 100% complete when percentage of cimpletion of abnomal loss /abnirmal gain is mot given
in case of abnormal loss .%of completion is taken as per finished goods if any given if not give take 100%.in all the cases of abnormal gain it is 100%only


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