Costing which explains how and when scrap affects operating

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June 8th, 2024

1.Costing which explains how and when scrap affects operating income of company is classified asinventory costingconversion costingnormal scrap costingabnormal scrap costing2. Amount of spoilage that is natural in any particular production process is classified asnormal scrapnormal spoilageabnormal spoilageweighted spoilage

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