9. Normal output is equal to
(a) Input- abnormal loss
(b) Input-norma
(c) Input- abnormal gains
(d) None of the above
Answers
Answered by
10
Answer:
D=none of the above.
Answered by
0
Answer:
(d)- None Of The Above
Explanation:
Normal Cost is mathematically defined as scrap value of normal loss subtracted from total cost. Here Total cost is defined as the entire cost of an output is the sum of all expenditures. The total cost notion is more appropriate to financial reporting in accounting, because overhead costs must be ascribed to specific assets.
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