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The good production costs will include the cost related to the process and also absorbs the normal loss. If Normal Loss is physically present in the form of scrap, it may have some value and will be credited to Process A/c. If Actual Loss > Normal Loss : the difference is abnormal loss . Abnormal Loss is not absorbed by good production, rather it is transferred to Costing Profit & Loss A/c
Who is awarded with the SASTRA Ramanujan Prize 2022?
Pendyala Lakshmi Priya, who was awarded the Pradhan Mantri Rashtriya Bal Puraskar 2024, is related to which dance?Â
Which aircraft will benefit from the procurement of 240 aero-engines approved by the Cabinet Committee on Security?
In which year did the East India Company acquire the Diwani of Bengal?
Which country has permitted the import of potatoes from Bhutan without a license until June 2024?
Identify the hottest part of a gas flame.
Who is the author of the book ‘Sing, Dance and Pray’ dedicated to ISKCON founder Srila Prabhupada?
The Centre released the third instalment of tax devolution to the states in February, amounting to Rs 1.42 trillion. How many instalments does the Centr...
The Uttarakhand Chief Minister launched a scheme to make 1.25 lakh women from self-help groups 'Lakhpati' by 2025. Name the scheme ?
The one horned Indian rhino has its natural home in?