losses with scrap value (process costing)Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA MA – FIA FMA › losses with scrap value (process costing)This topic has 1 reply, 2 voices, and was last updated 8 years ago by John Moffat.Viewing 2 posts - 1 through 2 (of 2 total)AuthorPosts October 14, 2015 at 4:43 pm #276315 bjanetMemberTopics: 1Replies: 2☆why do abnormal gains have a scrap value? Are these units not supposed to be good units and valued with actual outputs instead of spoiling them and giving them a scrap value? October 14, 2015 at 6:33 pm #276335 John MoffatKeymasterTopics: 57Replies: 54321☆☆☆☆☆I don’t know what you mean by ‘spoiling’ them.You really need to watch the free lectures on process costing – I explain and show what to do with gains as well as losses.I am sorry but I cannot possible type out the whole lectures here.AuthorPostsViewing 2 posts - 1 through 2 (of 2 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In