Maurice Tutor

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    Argosy University/ Phoniex University/
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    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 24 Sep 2017 My Price 4.00

product of a manufacturing

The product of a manufacturing concern passes through two processes A and B and then to finished stock. It is ascertained that in each process normally 5% of the total weight is lost and 10% is scrap from which processes A and B realizes Rs 80 per tonne. The following are the figures relating to both the processes:

 

Process A (Rs)

Process B (Rs)

Materials in tonnes

1,000

70

Cost of materials in rupees per tonne

125

200

Wages in rupees

28,000

10,000

Manufacturing expenses in rupees

8,000

5,250

Output in tonnes

830

780

Prepare process cost accounts showing cost per tonne of each process. There was no stock of work-in-progress in any process.

Answers

Maurice Tutor
(5)
Status NEW Posted 24 Sep 2017 11:09 PM My Price 4.00

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