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Question 2 Points: 20 One of the products manufactures by the company passes through two separate processes. Information for a period is as follows: Process
Question 2 Points: 20 One of the products manufactures by the company passes through two separate processes. Information for a period is as follows: Process 1 Input Material input 9.000 kilos, cost RM14.964 Direct labour RM12.250 Production Overhead RM2.450 Output - Material transfer to process 2 7300 kilos In process 1, normal losses are expected and can be sold at RM1.20 per kilo Process 2: Input Material transfer from process 2 Direct labour RM5.000 Production overhead RM 1,300 Output Material A 4.700 kilos Material B 600 kilos In process 2. normal losses are expected and can be sold at RM1.42 per kilo Joint processing costs are apportioned based on the relative weighted. Required: Calculate a) Process 1 b) Process 2 all worlongs to be shown
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