Which of the following treatment is correct for “Waste”?

Q. Which of the following treatment is correct for “Waste”?

A.            Abnormal waste is unavoidable and uncontrollable and treated as part of the product cost.

B.            Normal waste is transferred to the Costing P & L A/c

C.            Both (a) & (b)

D.            Neither (a) nor (b)

Answer: Neither (a) nor (b)