From the following Figures, prepare process accounts indicating the cost of process and the total cost. The
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From the following Figures, prepare process accounts indicating the cost of process and the total cost. The production was 480 articles per week.
Office overheads amounting to Rs. 1,700 should be apportioned on the basis of wages. Ignore stock in hand and work-in-progress at the beginning and end of the work.
Transcribed Image Text:
Materials Labour Factory Overheads Process I Rs. 3,000 1,600 520 Process II Rs. 1,000 4,000 1,440 Process III Rs. 400 1,200 500
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