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QUESTION 2 Karri Manufacturing produces a single product Rampal which undergoes two processes, Process 1 and Process 2. The following data relates to the month
QUESTION 2 Karri Manufacturing produces a single product "Rampal which undergoes two processes, Process 1 and Process 2. The following data relates to the month of August 2021 Process 1 Input: Material A Material B Mixing labour Normal loss Scrap value for loss Output 6,000 kg at RM1.50 per kg 4,000 kg at RM2.00 per kg 430 hours at RM4.00 per hour 5% of input RMO.50 per kg 9,300 kg Process 2 Input: Material C Material D Other materials Mixing labour Normal loss Scrap value for loss Output 6,600 kg at RM2.25 per kg 4,200 kg at RM1.75 per kg RM600 370 hours at RM4.00 per hour 5% of input RM1.00 per kg 19,500 kg There was no work in progress at the beginning or ending of each process Overheads of RM3,200 incurred in the two processes was absorbed on the basis of missing labour hours. Required to prepare the Process 1 and Process 2 accounts
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