Basic R makes one product, which passes through a single process Details of the process account for period 1 were as follows There was no work in progress at the beginning or end of the period Process losses have no value The cost of the abnormal loss (to th nearest $) is (a) $437 (b) $441 (c) $460...

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Basic. R makes one product, which passes through a single process. Details of the process account for

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Basic. R makes one product, which passes through a single process. Details of the process account for period 1 were as follows:

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There was no work in progress at the beginning or end of the period. Process losses have no value The cost of the abnormal loss (to thé nearest $) is:

(a) $437

(b) $441

(c) $460

(d) $465 CIMA Fundamentals of Management Accounting

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Management And Cost Accounting

ISBN: 9781408093931

9th Edition

Authors: Colin Drury

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Question Posted: Jun 05, 2024 01:01 AM

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Basic. R makes one product, which passes through a single process. Details of the process account for

Question:

Material cost-20000kg Labour cost Production overhead cost Output Normal losses $ 26000 12000 5700 18800kg 5% of input

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Management And Cost Accounting

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