30. The following data related to Process II a/c : ₹ Direct material 40,000 Direct labour 30,000 Production overhead 40,250 Normal loss 5% Output (Units) 17,400 Loss realization (₹/unit) 3.00 Abnormal gain in units 300 E
CS Executive · Cost and Management Accounting · PYQS · June 2021
30. The following data related to Process II a/c : ₹ Direct material 40,000 Direct labour 30,000 Production overhead 40,250 Normal loss 5% Output (Units) 17,400 Loss realization (₹/unit) 3.00 Abnormal gain in units 300 Entire output of Process II sold at ₹5,54,625 taking 25% profit on cost. Calculate input cost of Process II.
Answer & Explanation:
Correct Answer: Option (A)
Official answer key: (A).
Topics: Process Costing
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