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4,000 units of material are input to a process. Process costs are as follows. Material $11,700 Conversion costs $6,300 Output is 3,000 units. Normal loss
4,000 units of material are input to a process. Process costs are as follows. Material $11,700 Conversion costs $6,300 Output is 3,000 units. Normal loss is 10% of input. Required Prepare a process account and the appropriate abnormal loss/gain account
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Management and Cost Accounting
Authors: Colin Drury
8th edition
978-1408041802, 1408041804, 978-1408048566, 1408048566, 978-1408093887
