Input material: 10,000 units Normal loss of total input: 8% Closing work-in-progress: 900 units Degree of completion for closing stock of work-in-progress and abnormal loss: Material 100% Labour 70% Output transferred to
CS Executive · Cost and Management Accounting · PYQS · June 2016
Input material: 10,000 units Normal loss of total input: 8% Closing work-in-progress: 900 units Degree of completion for closing stock of work-in-progress and abnormal loss: Material 100% Labour 70% Output transferred to next process 7,900 units. From the above information, equivalent production units for material and labour are :
Answer & Explanation:
Correct Answer: Option (B)
Official answer key: (B).
Topics: Process Costing
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