Absolute Muscle Bhd manufactures body building supplement for regional market. The product passes through 2 processes namely Process X...

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Absolute Muscle Bhd manufactures body building supplement for regional market. The product passes through 2 processes namely Process X then transferred to Process Y. The following data is relevant for the month of January 2015 Process X Materials (RM5 per kg) Labour General Overhead for January 2015 RM 1,500 (absorbed on total labour cost) Normal output 90% RM 4 Scrap value per kg Actual output 10,000 kg Required: Materials (RM5 per kg) Labour General Overhead for January 2015 Normal output 7,500 Kg RM 600 A. Prepare the process account for both processes B. Prepare the normal loss, abnormal loss or abnormal gain account. 2. ABC Bhd. manufactures Computer at Town A. The product passes through 2 processes namely Process 1 then transferred to Process 2. The following data is relevant for the month of January 2015. B. Prepare the 80% RM 4 5,750 Kg a) Normal loss b) Abnormal loss c) Abnormal gain account Process 1 7,000 kg RM 800 RM 800 Scrap value per kg Actual output Required: A. Prepare the process account for both processes Process Y 5,000 Kg RM 400 70% RM 5 5,000 kg Process 2 5,200 kg RM 2,000 RM 900 90% RM 5 15,000 kg

Answer rating: 100% (QA)

Absolute Muscle Bhd Process X Total Cost Materials Labour General Overhead 7 500 kg RM5 RM View the full answer