Process costing

This topic has 1 reply, 2 voices, and was last updated 5 years ago by John Moffat.

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November 13, 2020 at 3:24 am #594834
applessauce
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Sir for abnormal costs

Do we value it avgcost/unit or the full cost

I’m still not sure with this concept
November 13, 2020 at 7:24 am #594854
John Moffat
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I assume you actually mean abnormal losses. They are valued at the full cost per unit.

This is all explained in my free lectures on process costing.
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