A product passes through two distinct processes A and B and then to fi nished stock. The output of A passes direct to “B” and that of “B” passes to the fi nished stock. From the following information, you are required to prepare the process accounts:

Transcribed Image Text:

Process A Process B Materials consumed (Rs.) 12,000 6,000 Direct labour (Rs.) 14,000 8,000 Manufacturing expenses (Rs.) 4,000 4,000 Input in Process A (units) 10,000 Input in Process A (value) 10,000 Output (units) 9,400 8,300 Normal wastage (% of output) 5% 10% Value of normal wastage 8 10 per 100 units (Rs.) No opening or closing stock is held in process.