Question

normal loss is also called as​

Answer 1

Normal process loss: The loss expected or anticipated prior to production is a normal process loss. It is thus called a standard loss. A provision for such a loss is made before starting production. ... Normal loss increases the cost of production of the usable goods realized.

Answer 2

Answer:

Normal loss means that loss which is inherent in the processing operations. It can be expected or anticipated in advance i.e. at the time of estimation. Accounting Treatment: ADVERTISEMENTS: The cost of normal loss is considered as part of the cost of production in which it occurs.