3. The following figures show the costs of three processes of Saleh Manufacturing Company.

The production of each process is passed on to the next until completion.           

	Process X	Process Y	Process Z
Direct Materials Direct wages	BD 10000 BD 14000	BD 12000 BD 10000	BD 13000 BD 18000
Output (in units) Opening stock (units from previous process) Closing stock (units from previous process)	4000 -   -	3500 2000   1000	2500 500   1500

 

You are required to prepare the process accounts showing:

• The cost of each process.
• The cost per unit at the end of each process.
• Wastage/ Normal loss (if any).
• The cost per unit of finished goods.

Process- X a/c                                                                                                       

Particulars	Units	Amt. BD	Particulars	Units	Amt. BD

____________________________________________________________________________________________________________________________________________________________________

Process- Y a/c                                          

Particulars	Units	Amt. BD	Particulars	Units	Amt. BD

 

__________________________________________________________________________________

__________________________________________________________________________________

 

 

Process – Z a/c

Particulars	Units	Amt. BD	Particulars	Units	Amt. BD