The cost of abnormal amounts of wasted material, labour, or other resources incurred in self-constructing an asset is A: Capitalized B: Expensed?

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Kathy Mustafa
17-December-2014

Accounting Accounts Payable Financial Reporting Financial Accounting

Question ajoutée par Toyin Adun-FCA-MBA-Finance-CMA , Finance Manager , Emirates Business Group
Date de publication: 2015/11/23

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Muhammad Tayyab Akhtar SYED

par Muhammad Tayyab Akhtar SYED , Assistant to Finance Manager , Gulf Coverage Insurance and Reinsurance Brokers

i would like to give the answer for this.

abnormal cost always be book like the finish goods cost of the product.

it will show it to the profit and loss account directly.

regards

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