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A product passes through two consecutive processes having relative standard outputs of 8 0 % and 9 0 % of inputs. In addition, standard yield
A product passes through two consecutive processes having relative standard outputs of
and of inputs. In addition, standard yield is obtained by giving scrap
allowances of and of outputs of Processes I and II respectively. Scraps of each
process are sold at per tonne.
There was no workinprocess at any stage. All materials, as follows, were issued in
Process I only and all scrap arising from processes were sold, excepting closing stock of
tonnes opening stock was nil
The actual outputs and scraps were and in Process I and and in
Process II Assume that there was no price variance. You are required to find out the
Standard Cost and Actual Cost per tonne of a product. Answer to be given in the nearest
rupee
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