Question

do wages paid for abnormal idle time form part of cost of production?​

Answer 1

Answer:

no, wages are not paid for abnormal idle time form part of cost of production

Answer 2

Answer:

It is a principle of costing that all abnormal expenses and losses should not be included in costs and as such wages paid for abnormal idle time should not form part of the cost of production. The wages paid for abnormal idle time should be debited to Costing Profit and Loss Account.

Explanation:

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