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

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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) About Me  (Show Source):
You can put this solution on YOUR website!
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