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losses with scrap value (process costing)

BBirungi10y ago
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?
John MoffatJohn MoffatTutor10y ago#1
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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