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This question belongs to Commerce Costing
Costing
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Abnormal process loss can be transferred to ________.

Answer & Solution
Correct Answer: Option A
Abnormal process loss can be transferred to costing profit and loss a/c. Process account is to be credited by abnormal loss account with cost of material, labour and overhead equivalent to good units and the loss due to abnormal is transferred to Costing Profit and Loss Account.
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