Following information is available : Input of raw material : 1,000 units @ ₹25 per unit Direct material : ₹7,500 Direct wages : ₹4,500 Production overheads : ₹6,000 Actual output transferred to next process : 900 units N
CS Executive · Cost and Management Accounting · PYQS · December 2016
Following information is available : Input of raw material : 1,000 units @ ₹25 per unit Direct material : ₹7,500 Direct wages : ₹4,500 Production overheads : ₹6,000 Actual output transferred to next process : 900 units Normal loss : 5% Value of scrap : ₹10 per unit The cost of output transferred to next process will be —
Answer & Explanation:
Correct Answer: Option (B)
Official answer key: (B).
Topics: Cost Accounting
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