An article passes through three successive operations from the raw material to the finished product stage. The

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An article passes through three successive operations from the raw material to the finished product stage. The following data are available from the production records of a particular month:

(a). Determine the input required to be introduced in the first operation in number of pieces in order to obtain finished output of 100 pieces after the last operation. 

(b). Calculate the cost of raw material required to produce one piece of finished product, given the following:

• Weight of the finished piece is 0.10 kg. 

• The price of raw material is Rs. 20 per kg.

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Cost Accounting

ISBN: 9780070221628

4th Edition

Authors: Jawahar Lal, Seema Srivastava

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