Question

v) Realisable Value
Value of Abnormal Low
i) A Method of Costing
Jou loss is not pour
145 Practical Problems
1. Prepare process Accounts from the following information:
Process I
Process II Process III
Material
15.084 8.200
3.960 5.924
Direct Wages
18.000
6.000 8,000
Production Overheads
18.000
1.000 units ato per unit were introduced in Process 1.
Product overhead to be distributed as 100% on direct wages.
Actual Output
Unit Normal Loss Value of Scrap per unit
950
5%
840
10%
8
Process I
750
15%
10
Process II
[Ans. Cost: Process [email protected]. Process II @ 43.50. Process III @ 80.12]
Treatment of normal loss & abnormal loss)
2. A product pases through three processes A, B and C. The normal wastages of each process is as
follows:
Prys A: Process B: 5%. Process C:8.
nn 50 per unit and that of Process C​

Answer 1

Answer:

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