Cost of idle time arising due to non availability of raw...

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Cost of idle time arising due to non availability of raw material is _______.

A. charged to costing profit and loss account

B. charged to financial profit and loss account

C. charged to factory overhead

D. recovered by inflating the wage rate

Answer: Option A

Solution (By Examveda Team)

Cost of idle time arising due to non availability of raw material is charged to costing profit and loss account. The cost of idle facilities for reasons such as trade depression, shortage of demand, etc. should be written off to Costing Profit and Loss Account.

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Cost of idle time arising due to non availability of raw material is _______.

Solution (By Examveda Team)

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