Normal loss and abnormal loss

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29 Points Posted on 23 November 2013

how to treet normal cost and abnormal cost and their scrap value in cost sheet... i hate satellite coachings...

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On 23 November 2013 at 22:22 Report
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211 Points Posted on 25 November 2013

Normal loss form the part of cost..hence it will be included in cost sheet

Abnormal cost do not form part of cost, hence excluded from cost sheet..they are to debited to P&L..

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On 25 November 2013 at 14:48
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29 Points Posted on 27 November 2013

what would be the effect on units and amt produced in cost sheet if we are given normal loss and abnormal loss units and amt.. and scrap value of both normal as well as abnormal loss.

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On 27 November 2013 at 21:18
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211 Points Posted on 27 November 2013

Give me an example, Il explain u better..

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On 27 November 2013 at 22:51

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