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?
Ask the Tutor ACCA MA
losses with scrap value (process costing)
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.
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