SOLUTION: Following information relates to Process A account 10000 Units introduced at Rs 20000 Material consumed Rs 5000 Manufacturing expenses Rs 2000 Direct Labour charges Rs 6000 Un

Question 1183193: Following information relates to Process A account
10000 Units introduced at Rs 20000
Material consumed Rs 5000
Manufacturing expenses Rs 2000
Direct Labour charges Rs 6000
Units transferred to next process B- 9500
It is bound that wastage in this process is 3%
There is no realizable value of scrap
Prepare the process account reflecting the value at which output will be transferred to the next process
Answer by ikleyn(52781) (Show Source): You can put this solution on YOUR website!
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