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Prepare a Process Account and Abnormal Loss Account from the following information Input of Raw material 1000 units @ Rs 20 per Unit Direct Material
Prepare a Process Account and Abnormal Loss Account from the following information Input of Raw material 1000 units @ Rs 20 per Unit Direct Material Rs 4,200/- w Direct Wages Rs 6,000/- Production Overheads Rs 6,000/- Output transferred to process || - 900 units Normal Loss - 5% Value of Scrap per unit Rs 8/
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Analysing Financial Statements For Non-Specialists
Authors: Jim OHare
2nd Edition
1138641529, 9781138641525
