If 1,000 units are input into a process at a cost of $1,800 and normal loss is
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Question:
If 1,000 units are input into a process at a cost of $1,800 and normal loss
is 10% of input. What is the average cost per unit? ( 2 Marks)
4.
The following data relates to Process 1.
Materials input
- 1,000 units costing Kshs10,000
Labour costs
- Kshs 8,000
Departmental overheads - Ksh 6,000
Normal loss is 4% of input and is sold as scrap for Ksh 12 per unit.
Required:
Calculate the average cost per unit in Process 1 and complete the process
account and the scrap account. ( 8 Marks)
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