Business Studies, asked by ashishghildiyal6311, 1 year ago

Difference between normal and abnormal loss in context of process costing with basis

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Answered by khushi769
0

Hey!!

Weight losses, shrinkage, evaporation, rusting etc. are the examples of normal loss. Normal loss increases the cost of production of the usable goods realized.Abnormal process lossThe loss realized over the normal loss is called an abnormal loss

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