In Which of the Following Ways Is Abnormal Spoilage Accounted

question 34

Multiple Choice

In which of the following ways is abnormal spoilage accounted for?

• A) Expensed in the period in which it occurred
• B) Included as part of the unit cost of output
• C) Written off to cost of goods sold
• D) Included in inventory valuation until year-end and then written off

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