A product passes through 3 processes during march 2020 1000 finishes units were produced with the following expenditure A product passes through three processes. During March 2020, 1,000 finished units wereproduced with the following expenditure :Process AProcess BProcess CDirect Material1,0002,0001,000e..Direct Labour5,0004,0003,000Direct Expenses5006001,000Overhead expenses amounted in all to 6,000. They are to be apportioned on the basis ofdirect wages. Main raw materials issued to Process A (besides above) were worth * 6,000.Ignoring the question of stock prepare the Process Accounts concerned.(Cost per unit - process A 15; Process B23.60; Process C30.10)

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Description: A product passes through 3 processes during march 2020 1000 finishes units were produced with the following expenditure A product passes through three processes. During March 2020, 1,000 finished units wereproduced with the following expenditure :Pro

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Business

Accounting

1. A p C Over direc Igno

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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