Actual loss is less than the predetermined normal loss it is ........

Costing - Phase (I & II) Methods of Costing

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Actual loss is less than the predetermined normal loss, it is ________.

normal loss

abnormal loss

seasonal loss

abnormal gain

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Explanation:

Meaning Of Abnormal Gain. More output over the expected or normal output realized is called an abnormal gain. Abnormal gain arises because of an abnormal effective in the use of raw material or efficiency in performance so it is known as abnormal effective

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