Question

28) In a process 8000 units are introduced during a period. 5% of input is normal loss. Closing
work in progress 60% complete is 1000 units. 6600 completed units are transferred to next
process. Equivalent production for the period is:
(a) 9000 units
(b) 7440 units
(c) 5400 units
(d) 7200 units​

Answer 1

Answer:

the equivalent production for the period is 7200 units

Explanation:

A production formula, also known as a recipe or formulation, is a set of instructions that outlines the specific quantities of ingredients and materials needed to manufacture a particular product. The formula provides a detailed list of raw materials, equipment, and instructions for the production process.

The equivalent production for the period can be calculated by taking into account the completed units and the units in progress at the end of the period. Here's how to calculate it:

Total Input = 8000 units

Normal Loss = 5% of 8000 = 400 units

Total Units to Account for = 8000 - 400 = 7600 units

Units Completed and Transferred = 6600 units

Units in Closing WIP = 1000 units x 60% = 600 units

Total Units Accounted for = 6600 + 600 = 7200 units

Therefore, the equivalent production for the period is 7200 units (Option d). This represents the total number of units that were either completed or in progress during the period, taking into account the normal loss.

for more questions on production

https://brainly.in/question/43354601

#SPJ3

Answer 2

The equivalent production for the period would be 8200 + 6600 = 14800 units.

• We must account for the units introduced, the usual loss, the closure work in progress, and the finished units transferred to the following phase in order to determine the equivalent production for the specified period.

• The entire number of units initiated throughout the time, including the closure work in progress, must first be determined. As the ongoing closure process is 60% finished, we may treat it as 60% of a unit, which is equivalent to 600 units (1000 x 0.6).

• Thus, 8000 + 600 = 8600 units would be the total number of units started throughout the time.

• The standard loss must then be deducted from the total number of units launched. The typical loss is equivalent to 5% of the input, or 400 units (8000 x 0.05).

• As a result, 8600 – 400 = 8200 units would be all of the units that were taken into consideration during the procedure.

For more questions on Accountancy

https://brainly.in/question/8098866

#SPJ3