Q. The monetary value attributed to normal losses in a process should be: (Solved)
1. A share of the process cost according to the stage of completion of the losses.
2. A nil value with no other monetary adjustment under any circumstances.
3. A full share of process cost on the same as good output.
4. A nil share of process costs which have been reduced by the scrap value of the normal loss.
- d. A nil share of process costs which have been reduced by the scrap value of the normal loss.