The following data are available pertaining to a product after passing through two processes A and B:

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The following data are available pertaining to a product after passing through two processes A and B: Output transferred to process C from process B, 9120 units for Rs. 49,263.

The wastage of process C is sold at Re 1.00 per unit. The overhead charges were 168% of direct labour. The final product was sold at Rs. 10.00 per unit fetching a profit of 20% on sales. 

Find the percentage of wastage in process C and prepare Process C Account. 

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Cost Accounting

ISBN: 9780070221628

4th Edition

Authors: Jawahar Lal, Seema Srivastava

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