Question 3 An entity manufactures three products All, For, One that passes through two consecutive processes Process A and Process B The output of process A is the input of process B after which it is prepared for the final customers Below are data relating to both processes for the year ended December 31, 2013 Opening inventory Direct Material (100,000 units) Conversion costs Normal loss Scrap value of normal loss Output Process A Nil $1,600 000 $2,400,000 5 S2 90,000 Process B Nil Nil $4,095,000 10 $20 All 40,000 For 25 000 One 15,000 Selling prices for each unit is $50,$60 and $100 for All, For and One respectively Required a) Prepare process A b) Prepare process Busing the relative sales value method as well as the unit to produce method

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Question  3 An entity manufactures three products  All, For, One  that passes through two consecutive processes  Process A and Process B  The output of process A is the input of process B after which it is prepared for the final customers  Below are data relating to both processes for the year ended December 31, 2013  Opening inventory Direct Material (100,000 units) Conversion costs Normal loss Scrap value of normal loss Output Process A Nil $1,600 000 $2,400,000 5  S2 90,000 Process B Nil Nil $4,095,000 10  $20 All  40,000 For  25 000 One  15,000 Selling prices for each unit is $50,$60 and $100 for All, For and One respectively  Required  a) Prepare process A b) Prepare process Busing the relative sales value method as well as the unit to produce method

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Question #3 An entity manufactures three products: All, For, One; that passes through two consecutive processes: Process

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Accounting Information Systems

Question #3 An entity manufactures three products: All, For, One; that passes through two consecutive processes: Process

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Accounting Information Systems

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