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Need urgently within few minutes or else skip 1 Somnath Ltd. produces a standard article through three successive processes. The following data relate to October,
Need urgently within few minutes or else skip 1 Somnath Ltd. produces a standard article through three successive processes. The following data relate to October, 2011. Prepare process accounts, each showing unit cost. The output produced in October, 2011 is 200 units. Process 1 Process II Process III Rs. Rs. Rs. Materials consumed 20,000 8,000 3,000 Wages booked 16,000 28,000 18,000 Other direct charges 4,000 10,000 5,000 Overhead amounts to Rs. 15,500 for the period. Overhead is recovered on the basis of direct wages
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