Loading presentation...

Present Remotely

Send the link below via email or IM


Present to your audience

Start remote presentation

  • Invited audience members will follow you as you navigate and present
  • People invited to a presentation do not need a Prezi account
  • This link expires 10 minutes after you close the presentation
  • A maximum of 30 users can follow your presentation
  • Learn more about this feature in our knowledge base article

Do you really want to delete this prezi?

Neither you, nor the coeditors you shared it with will be able to recover it again.


Process Costing (Spoilage)

No description

Johnmar Cero

on 3 September 2012

Comments (0)

Please log in to add your comment.

Report abuse

Transcript of Process Costing (Spoilage)

(Treatment of Spoilage) A report By: Johnmar F. Cero Ariel Tapel Spoilage Continuous loss—Loss occurs fairly
uniformly through the process
Discrete loss—Loss occurs at a specific
point and is detectable only when
a quality check is performed
Normal shrinkage and
continuous losses -Assign costs only to units
that have passed
the inspection point
*Excludes spoiled units in the
equivalent units schedule

*Spreads cost of lost units
proportionately over the good
units transferred and those
remaining in WIP
Use Method of Neglect *Period expense

*Accounted for on an equivalent unit basis
Abnormal losses Required: *EUP for each element
*Allocation of costs to F&T&IP, end
Full transcript