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1) sir, in exam we need to calculate the values which use in loss account??
2) why we divide total cost with expected output not with actual output?
3) why we multiply abnormal loss/ gain with cost per unit not with scrape value?1. It depends what the question required.
2. In all of costing we calculate standard costs in advance based on what we expect to happen.
3. Abnormal losses are not taken into account when calculating the expected cost per unit. Any abnormal losses must therefore be valued at full cost per unit.
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