From the following information prepare process account and normal loss account Input of raw material 1,000 units Rs 6 unit Direct materials Rs 5,200 Direct wages Rs 4,000 Production overheads Rs 4,000 Actual output transferred to Process II 950 units Normal loss 5 Value of scrap per unit Rs 4 per u...

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From the following information prepare process account and normal loss account. Input of raw material 1,000 units

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From the following information prepare process account and normal loss account.

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Cost Accounting

ISBN: 9788131732076

1st Edition

Authors: V. Rajasekaran, R. Lalitha

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Question Posted: Jun 16, 2024 04:02 AM

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From the following information prepare process account and normal loss account. Input of raw material 1,000 units

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Input of raw material 1,000 units @ Rs. 6/unit Direct materials - Rs. 5,200 Direct wages Rs. 4,000 Production overheads - Rs. 4,000 Actual output transferred to Process II - 950 units Normal loss - 5% Value of scrap per unit Rs. 4 per unit

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Cost Accounting

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