Q – “In job costing, the cost of normal spoilage that occur while a specific job is being done are charged to the specific job”. Explain.

Q – “In job costing, the cost of normal spoilage that occur while a specific job is being done are charged to the specific job”. Explain.A – Normal spoilage is spoilage inherent in a particular production process. Normal spoilage is spoilage that is directly related to a job. This is why they are charged to the specific job. The job is not able to be done without this spoilage being occurred. Like when materials are used to make a product the cost of those material are charged to the job those material were used for. It is the same concept without one you would not have the other. Instructor’s Q – Is that the best method? Why or why not? Criteria – NoneReference – Horngren, C. T., Datar, S.M., Foster, G., Rajan, M., & Ittner, C. (2009). Cost Accounting: A Managerial Emphasis (13th ed.). Upper Saddle River, NJ: Pearson Prentice Hall.

Normal Spoilage is unavoidable and inherent loss in the process. By the pastexperience the normal loss is always mentioned with the specification of productiontechniques. The normal loss…

Order the answer to view it

Place this order or similar order and get an amazing discount. USE Discount code “GET20” for 20% discount

 

Posted in Uncategorized