A. normal spoilage
B. abnormal spoilage
C. weighted spoilage
D. both a and b
Related Mcqs:
- The normal spoilage is subtracted from total spoilage to calculate _____________?
A. abnormal spoilage
B. Gross weighted spoilage
C. inventoriable spoilage
D. partial spoilage - If the units of normal spoilage are 150 and the total good units manufactured are 1500, then the normal spoilage rate would be __________?
A. 14%
B. 15%
C. 10%
D. 12% - In process and job costing system, the normal spoilage cost is considered as ___________?
A. conversion costs
B. sunk costs
C. inventoriable costs
D. non inventoriable costs - Total transferred-out cost plus normal spoilage is divided by number of goods units produced, to calculate ___________?
A. cost per good units transferred out
B. cost per good units transferred in
C. revenue per good units transferred out
D. revenue per good units transferred in - An amount of spoilage that is natural in any particular production process is classified as ___________?
A. normal scrap
B. normal spoilage
C. abnormal spoilage
D. weighted spoilage - The costs associated with storage of finished goods such as spoilage, obsolescence and insurance of goods are classified as ___________?
A. carrying costs
B. purchasing costs
C. stock-out costs
D. ordering costs - Which one of the following is an example of spoilage?
A. short lengths from wood work
B. defective aluminum cans recycled by manufacturer
C. detection of defective pieces before shipment
D. all of above - An amount of spoilage that is not natural in a specific production process is categorized as ____________?
A. normal scrap
B. normal spoilage
C. abnormal spoilage
D. weighted spoilage - The cost of abnormal spoilage is not treated as _____________?
A. conversion costs
B. sunk costs
C. inventoriable costs
D. non inventoriable costs - The type of spoilage, which is considered as controllable and can be avoided is called _____________?
A. abnormal spoilage
B. normal spoilage
C. transferred-in spoilage
D. transferred-out spoilage
