In process costing, how is an abnormal gain treated?

1
Allocated the same as normal costs
2
Expenses as a loss in the accounting period
3
Transferred to the costing profit & loss account 
4
Ignored in cost calculations
5
Added to finished goods inventory

Sponsored

hivanix.in

Visit

This quiz is brought to you by hivanix.in

🌐 Web App Development

Quick Navigation