Question

8. A product passes through 3 processes. The following relate to the 3 processes during
September 2019
Particulars
Process I Process II Process III
Material consumed 5.200
3.960
5.924
Direct wages
4.000
6.000
8.000
Output (units)
950
840
750
Normal loss
of
input)
5
10
15
Scrap value Rs. per
4
8
10
Total Production Overhead RS 18.000
In process 1000 units were introduced for Rs 6,000 Production Overhead to be
distributed at 100 on wages
Prepare the Process Accounts and Abnormal Loss and Abnormal Gain Account​

Answer 1

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