Vidyalelo
Commerce · Q729

Costing

Graduate and Post Graduate · Commerce · question 729

Q729

In process and job costing system, normal spoilage cost is considered as

A.
conversion costs
B.
sunk costs
C.
inventoriable costs
Answer
D.
non inventoriable costs

Answer: Option C

Solution

Answer: Option C
Solution:
In process and job costing system, normal spoilage cost is considered as inventoriable costs. Inventoriable costs are included in the cost of a product