45. Explain Normal And Abnormal Costs?
Normal Cost are the normal or regular costs which are incurred in the normal conditions during the normal operations of the organization. ... Abnormal Cost are the costs which are unusual or irregular which are not incurred due to abnormal situation s of the operations or productions.
Explanation: Normal Cost are the normal or regular costs which are incurred in the normal conditions during the normal operations of the organization. ... Abnormal Cost are the costs which are unusual or irregular which are not incurred due to abnormal situation s of the operations or productions.
