A product passes through two processes X and Y before it is finished and transferred to stock.
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Question:
A product passes through two processes X and Y before it is finished and transferred to stock. In both processes, 10% of the weight put in is lost. An additional 20% is scrapped, which realizes Rs 10 per tonne and Rs 15 per tonne, respectively, from processes X and Y. The following data is obtained for the month of November 1996
Process X | Process Y | |
Material consumed | 1,000 tonnes | 100 tonnes |
Rs | Rs | |
Cost per tonne of material | 20 | 30 |
Wages | 10,000 | 12,000 |
Works expenses | 7,000 | 8,400 |
Prepare process accounts showing cost of the output of each process and the cost per tonne.
Related Book For
Probability and Random Processes With Applications to Signal Processing and Communications
ISBN: 978-0123869814
2nd edition
Authors: Scott Miller, Donald Childers
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