XYZ Ltd. manufactures and sells three chemicals produced by consecutive processes known as X,Y and Z. In
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XYZ Ltd. manufactures and sells three chemicals produced by consecutive processes known as X,Y and Z. In each process, 2% of the total weight put in is lost and 10% is scrap, which from processes X and Y realised Rs. 100 a units and from Z Rs. 200 a units. The products of the three processes are dealt with as follows:
Prepare an account of each Process, showing the cost per unit of each process.
Transcribed Image Text:
Sent to warehouse for sale Passed on to next process X 25% 75% The following particulars relate to the month of March: Materials used (units) 100 120 Cost per units of materials (Rs.) Manufacturing expenses (Rs.) 30,800 Y 100% 140 200 25,760 Z 100% 1,348 80 1,810
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To prepare accounts for each process X Y and Z and calculate the cost per unit for each process well calculate the cost wastage scrap value and output for each process Well start with Process X then m...View the full answer
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