Accountancy, asked by MADANLAL3264, 2 months ago

12000 kg of a material were input to a process in a period. The normal loss is 10% of input. There is no opening or closing work in progress. Output in the period was 10,920 kg. What was the abnormal gain or loss in the period? *

Answers

Answered by sreyesh3
2

Explanation:

total inventory = 12000kg

- loss 10% = 1200kgs

total = 10,800 kgs

output = 10,920

Gain = 120 units

Answered by vinod04jangid
0

Answer:

There is a gain in the situation mentioned in the question.

Step by step answer:

Total inventory is calculated as follows:

12,000 Kg - Loss 10% = 1200 Kkgs

total = 10,800 kgs

output = 10,920

Gain = Total - Output

120 units

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