Where actual loss in a process is less than the anticipated loss , the difference b/w the two is considered to be …………..

Related MCQs

• When the actual loss is more than the estimated loss, the difference between the two is considered to be ,………………….
• ……………….. process loss should be transferred to costing profit and loss account
• Units of abnormal loss is………………..in abnormal process A/c and ……………in process A/c
• When the competition stage of a contract is less than ¼ , the total expenditure on the contract is transferred to ………… account
• When the completion stage of a contract is less than ¼ of the total expenditure on the contract is transferred to
• If the value of work certified less than 25% of contract price,profit to be credited to P&L is
• Any loss over and above the normal loss is called
• The cost of ……….. process loss is absorbed in the cost of production of good units
• Normal Process Loss is
• Excess of actual sales over break even sales is …………………