Mathematics · Cost Accounting
The following data relates to a production process in which no work-in-progress is held: Input: 12,800 litres Normal loss: 4% of input Output: 12,500 litres What was the abnormal loss or abnormal gain for the period?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Abnormal gain of 200 litres
- 2Abnormal loss of 300 litres
- 3Abnormal gain of 212 litres✓
- 4Abnormal loss of 212 litres
Correct answer
Abnormal gain of 212 litres
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