Question

3. A Chemical product passes through three distinct processes A. B and C for completion. 2016, 5,000 bottles of chemical were produced. Cost data are as under: A 15,000 7,000 400 Materials Labour Direct Expenses Cost of Bottles Cost of Corks During June B 8,000 10,000 500 1,200 C. 5,000 7,000 700 300 Indirect expenses were 4,800. The by-products were sold for 280 from Process B and residue was sold from Process C for ₹ 520. Prepare Process Cost accounts showing cost per bottle at each process Ans. Process A: Total Cost 7 23,800; Cost per bottle 4.76 Process B: Total Cost 45,220; Cost per bottle 7 9.044 Process C: Total Cost 59.100, Cost per bottle 11.82

Answer 1

Answer:

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