Normal loss or abnormal loss?
Exercise and reference answers
- Left
- Normal
- Items
- Item
- Inherent in work
- Answer
- Normal
- Item
- Can be anticipated
- Answer
- Normal
- Item
- Unavoidable
- Answer
- Normal
- Item
- Units drawn to test
- Answer
- Normal
- Item
- Worker carelessness
- Answer
- Abnormal
- Item
- Bad plant design
- Answer
- Abnormal
- Item
- Sabotage
- Answer
- Abnormal
- Item
- Above expected loss
- Answer
- Abnormal
- Right
- Abnormal
- Instructions
- Swipe left if the loss is normal, right if it is abnormal.
Explanation
_Source: ICAI CA Inter Cost and Management Accounting, Ch10 'Process and Operation Costing', 10.3_