Page 212 - F2 - MA Integrated Workbook STUDENT 2018-19

Chapter 9

Test your understanding 3

In process costing, where losses have a positive scrap value, when an
abnormal gain arises the abnormal gain account is:

A debited with the normal production cost of the abnormal gain units

B credited with the normal production cost of the abnormal gain units

C credited with the normal production cost of the abnormal gain units and
debited with the scrap value of the abnormal gain units

D debited with the normal production cost of the abnormal gain units and
credited with the scrap value of the abnormal gain units.

Illustrations and further practice

Now try TYU question 3 from Chapter 9

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