During June 20x1, AB Com. had the following data: Normal spoilage $2,000, abnorm

Question

During June 20x1, AB Com. had the following data: Normal spoilage $2,000, abnormal spoilage $1,000. The normal spoilage is regarded as common to al operations. AB Com has only one production Department. Assuming process costing system, the abnormal spoilage should be charged to B. Total spoilage less normal spoilage C. Direct material inventory D. Work in Process Control E. Loss from Abnormal Spoilage (Special Loss Account) F Normal spoilage less abnormal spoilage G. Loss from Normal Spoilage (Special Loss Account) H. Normal spoilage and abnormal spoilage I. Manufacturing Overhead Control J.Finished goods er Costing system, the normal spoilage should be Assuming Job Ord charged to Assuming process costing system, the normal spoilage should be charged to Abnormal spoilage

Explanation / Answer

Ans 1 1) Abnormal spoilage is charged to D Work in process control D 2) In job order costing system the normal spoilage is charged to that job A Manufacturing Overhead (specific job) 3) Under process costing normal spoilage is charged to I Manufacturing overhead control 4) Abnormalspoilage= B total spoilage-Normal spoilage Dear student I have done the first question

Related Questions

Navigate

• Browse (All)
• Browse D
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.