To Recognize the Disposal Value of Normal Spoilage, ________

question 153

Multiple Choice

To recognize the disposal value of normal spoilage, ________.

• A) Manufacturing Overhead Control account is debited with spoiled goods at current net disposal value.
• B) Materials Control account is debited with spoiled goods at current net disposal value.
• C) Work-in-Process Control account is debited with spoiled goods at current net disposal value.
• D) Manufacturing Overhead Control account is credited with spoiled goods at current net disposal value.

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Definitions:

Esteem Needs

In Maslow's hierarchy of needs, these are the fourth level and represent the human desire for respect, self-esteem, and recognition from others.

Physiological Needs

Basic physical requirements for human survival, such as food, water, shelter, and oxygen, which are considered the foundation of Maslow's hierarchy of needs.

Affiliation Needs

The psychological requirement for friendship, acceptance, and belonging within a group or community.

Esteem Needs

Psychological requirements relating to self-worth, accomplishment, respect, and recognition, as outlined in Maslow's hierarchy of needs.