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Subject - Accounting:

Cost and Management Accounting

MCQ - 221-223

Question:

Cost of abnormal wastage is:

  1. Charged to the product cost
  2. Charged to the profit & loss account
  3. charged partly to the product and partly profit & loss account
  4. Charged to the profit & loss account

Correct Answer: B

Explanation:

Not Required

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Record Performance

355 MCQ for effective preparation of the test of Cost and Management Accounting of Accounting section.

Read the MCQ statement: Cost of abnormal wastage is: , keenly and apply the method you have learn through the video lessons for Cost and Management Accounting to give the answer. Record your answer and check its correct answer and video explanation for MCQ No. 221-223.

How to Answer

Solve the question for MCQ No. and decide which option (A through D/E) is the best choice to answer the MCQ, then click/tap the blue button to view the correct answer and it explanation.

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