When the total cost of a process is ₹1,61,000, sales value of scrap is ₹8,000, normal loss is 150 units, actual input is 1,000 units and actual output is 830 units, the value of abnormal loss is: (A) ₹3,686.75 (B) ₹3,879
CS Executive · Cost and Management Accounting · PYQS · December 2017
When the total cost of a process is ₹1,61,000, sales value of scrap is ₹8,000, normal loss is 150 units, actual input is 1,000 units and actual output is 830 units, the value of abnormal loss is: (A) ₹3,686.75 (B) ₹3,879.52 (C) ₹3,788.24 (D) ₹3,600
Answer & Explanation:
Correct Answer: Option (D)
Official answer key: (D).
Topics: Process Costing
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