If the normal cost of normal production of 80 units is Rs. 400, then the value of abnormal wastage of 5 units will be
A. Rs. 25
B. Rs. 1
C. Rs. 1600
D. Rs. 1800
Answer: Option A
Related Questions on Costing
Basic objective of cost accounting is ________
A. tax compliance.
B. financial audit.
C. cost ascertainment.
D. profit analysis.
Process costing is suitable for ________.
A. hospitals
B. oil refing firms
C. transport firms
D. brick laying firms
The cost which is to be incurred even when a business unit is closed is a _____.
A. imputed cost
B. historical cost
C. sunk cost
D. shutdown cost
Join The Discussion