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Author Question: Spoilage that is an inherent result of the particular production process and arises even under ... (Read 49 times)

Davideckstein7

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Question 1

Costs of normal spoilage are usually accounted for as ________.
◦ a deduction from the cost of goods sold
◦ a component of the costs of good units manufactured
◦ a "loss from normal spoilage account" in income statement
◦ a liability on a balance sheet

Question 2

Spoilage that is an inherent result of the particular production process and arises even under efficient operating conditions is referred to as ________.
◦ incremental spoilage
◦ normal spoilage
◦ irregular spoilage
◦ direct spoilage


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Marked as best answer by Davideckstein7 on Mar 6, 2021

Sierray

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Davideckstein7

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Reply 2 on: Mar 6, 2021
Excellent


Bigfoot1984

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Reply 3 on: Yesterday
Wow, this really help

 

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