16. A product finished þy three processes from the following information. Calculate the price of each process of the product. Process I Process II Process III Materials Labour Direct expenses The indirect expenses of 8,500 Apportioned to the processes on the ratio of weges There is no opening material work in progress prepare process 15,000 8,000 2,600 5,000 20,000 7,200 2,000 6,000 2,500 Accounts.
16. A product finished þy three processes from the following information. Calculate the price of each process of the product. Process I Process II Process III Materials Labour Direct expenses The indirect expenses of 8,500 Apportioned to the processes on the ratio of weges There is no opening material work in progress prepare process 15,000 8,000 2,600 5,000 20,000 7,200 2,000 6,000 2,500 Accounts.
Chapter1: Financial Statements And Business Decisions
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Transcribed Image Text:Calculate the price of each process of the product.
16. A product finished þy three processes from the following information.
Process I Process II Process III
15,000
8,000
2,600
The indirect expenses of 8,500 Apportioned to the processes on the ratio
of weges There is no opening material work in progress prepare process
Materials
5,000
20,000
7,200
2,000
6,000
2,500
Labour
Direct expenses
Accounts.
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