Advertisements
Advertisements
प्रश्न
Give one difference between normal cost and abnormal cost.
Distinguish between:
Normal cost and abnormal cost.
अंतर स्पष्ट करें
उत्तर
| Basis of Distinction | Normal cost | Abnormal cost |
| lncurrence | The normal cost is the cost that is normally incurred at a given level of output. | Abnormal cost is the cost that is not normally incurred at a given level of output in the conditions in which that level of output is normally attained. |
| Charging | Charged to the cost of production. | Charged to profit and loss account. |
shaalaa.com
Controllable and Uncontrollable Costs
क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
APPEARS IN
संबंधित प्रश्न
Abnormal costs are not recorded as part of production cost. Justify for or against.
Distinguish betwen implicit costs and explicit costs.
"The cost of sugarcane is an avoidable cost." Justify for or against.
Differentiate between expired and unexpired costs.
Write short notes on opportunity costs.
Explain the following with an example:
Marginal cost.
Explain the following with an example:
opportunity cost.
Explain the following:
Differential cost
Explain the following:
Notional or imputed cost.
Explain the following:
Replacement cost
