#3 Process Costing - Treatment of Normal Loss, Abnormal Loss, Abnormal Effective (For B.Com/CA)

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Explained the procedure and concept of valuation of abnormal loss, abnormal gain/effective and output with the help of a question.

Student can also watch following lectures related with cost accounting :

1. Break Even Chart (CVP Analysis) in Marginal Costing :
   • Break Even Chart in CVP Analysis ~ Ma...  

2. Budget and Budgetary Control :
   • #1 Budget and Budgetary Control (Intr...  

3. Machine Hour Rate (Overhead Distribution)
   • #1 Machine Hour Rate (Overhead Distri...  

4. Marginal Costing (Formula Formations) :
   • Marginal Costing (Introduction) ~ Old...  

5. Contract Costing (Introduction) :
   • Contract Costing (Introduction) ~ Cos...  

6. Economic Order Quantity (EOQ) - Material Costing :
   • Economic Order Quantity (EOQ) ~ Mater...  


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