Question

Cost of idle time arising due to non availability of raw material should be charged to

Answer 1

Answer:

Cost of idle time arising due to non availability of raw material should be charged to costing profit and loss account

Explanation:

Non-availability of raw materials is an unavoidable loss. In such a case, the workers are paid the same wage. This is known as idle time. In this time the workers still received the same wage without any hard work.

This cost is usually included in manufacturing overhead accounts. Time management is very important in any enterprise to stop this idle time as much as possible. It drops the overall production level.

Answer 2

Answer:

charged to costing profit and loss account