Al Masaya LLC uses two process to complete its product- Process A and Process B. Following...
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Al Masaya LLC uses two process to complete its product- Process A and Process B. Following are the details of the processes. Units introduced - 2000 units at the rate of RO. 2 per unit = Particulars Direct material Direct labor Direct expenses Selling Price per unit Normal loss (As a % of input) Normal loss realization rate Process A 2000 1000 400 10 10% RO. 1 per unit Process B 1600 1800 200 8 8% RO. 0.500Bz per unit Assume that of the output of process A is transferred to process B and remaining sold in the market. The entire output of process B was sold in the market. You are required to prepare process A's and B's account Al Masaya LLC uses two process to complete its product- Process A and Process B. Following are the details of the processes. Units introduced - 2000 units at the rate of RO. 2 per unit = Particulars Direct material Direct labor Direct expenses Selling Price per unit Normal loss (As a % of input) Normal loss realization rate Process A 2000 1000 400 10 10% RO. 1 per unit Process B 1600 1800 200 8 8% RO. 0.500Bz per unit Assume that of the output of process A is transferred to process B and remaining sold in the market. The entire output of process B was sold in the market. You are required to prepare process A's and B's account
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