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In process A, 1000 units of raw materials were introduced at a cost of OMR 15,000. Direct wages amounted to OMR 7,500 and manufacturing overheads
In process A, 1000 units of raw materials were introduced at a cost of OMR 15,000. Direct wages amounted to OMR 7,500 and manufacturing overheads to OMR 5,000. 10% of the units introduced are normally lost in the course of manufacture and these are sold @ OMR 5 per unit. The actual output of the process was 940 units. Prepare Process A Account and find the followings: 1. What is the Cost per unit of output? 2. Find the value Abnormal Gain / Loss
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