are
Which among the following costs
charged to Costing P&L a/c?
Options
O Estimated cost
Controllable costs
Normal cost
O Abnormal Cost
Answers
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Answer:
0 abnormal coast.......... i thing I will help u
Answered by
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We are given four different types of costs and we are asked the question of which of these costs will be charged to Costing P&L a/c. The answer for this is 'Abnormal cost ' which is the fourth option.
- The profit and loss is a type of financial statement of the company.
- A Costing Profit and Loss account is an account in which items like abnormal costs, under-absorbed overhead costs, and the cost of goods sold are entered.
- This financial statement needs to be prepared by the financial concern half-yearly or yearly.
- The abnormal cost which is given in the question as the fourth option will be charged to the Costing Profit and Loss account as shown above.
- This abnormal cost will be shown on the debit side of the Costing Profit and Loss account.
PROJECT CODE: #SPJ3
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