Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Don't waste my turn please do it within few minutes 9 A chemical factory manufactures a chemical product which passes through three processes. The products
Don't waste my turn please do it within few minutes 9 A chemical factory manufactures a chemical product which passes through three processes. The products of these processes are dealt with as under : Process A Process B Process C Transfer to next process 662% 60% Transfer to warehouse for sale 33-% 335 40% 100% In each process 4% of the total weight put in is lost and 6% is scrapped which realises from Process A Rs. 6 per ton, from Process B Rs. 10 per ton and from Process C Rs. 12 per ton. The following information is available to you for the month of March, 2012: Raw materials used : Process A Process B Process C 1,400 160 1,260 Rs. 20 Rs. 32 Rs. 14 Manufacturing wages and expenses Rs. 10,304 Rs. 6,280 Rs. 5,790 You are required to prepare accounts showing cost per ton of each process. Tons Cost per ton
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started