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1) A product passes through three processes. The output of each process is treated as the raw material of the next process to which it

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1) A product passes through three processes. The output of each process is treated as the raw material of the next process to which it is transferred and output of the third process is transferred to finished stock. 10,000 units have been issued to the Process-1 and after processing, the output of each process is as under: No stock of materials or of work-in process was left at the end. CALCULATE the cost of the finished articles

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