Make out the necessary accounts from the following details: Process A Process B Materials 30,000 3,000 Labour 10,000 12,000 Overheads 7,000 8,600 Inputs (units) 20,000 17,500 Normal loss 10% 4% Sale value of wastage per unit 1 2 There was no opening or closing stock or work in progress. Final output from Process B was 17,000 units.

Make out the necessary accounts from the following details: Process A Process B Materials 30,000 3,000 Labour 10,000 12,000 Overheads 7,000 8,600 Inputs (units) 20,000 17,500 Normal loss 10% 4% Sale value of wastage per unit 1 2 There was no opening or closing stock or work in progress. Final output from Process B was 17,000 units.

Name: Please help me. Fast solution please. Thankyou. Make out the necessary
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Description: Please help me. Fast solution please. Thankyou. Make out the necessary accountsfrom the following details:Process A Process BMaterials 30,000 3,000Labour 10,000 12,000Overheads 7,000 8,600Inputs (units) 20,000 17,500Normal loss 10% 4%Sale value of wa

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter5: Process Costing

Section: Chapter Questions

Problem 10MC: Direct material costs $3 per unit, direct labor costs $5 per unit, and overhead is applied at the...

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