Process costing - accounting for scrap.., accounting, Basic Statistics

Assignment Help:
a company has two processes whose details are as follows: Materials 3000kg @ k0.30/kg, labour K120 for process 1 and material 2000kg @ k0.40/kg and labour k84 for process 2. actual overhead k357 but overhead absorbed @375% of labour in process1 and 496%of labour for process 2.
normal output is 80% ofimput in process 1 and 90% in process 2.
scrap vale of loses is k0.20 in process 1 and k0.30/kg in process 2.
output for period 3
period 1 2300kg
pr0cess 2 4000kg

Related Discussions:- Process costing - accounting for scrap.., accounting

Direct costing and absorption costing, why is net profit always greater in ...

why is net profit always greater in absorption costing than in direct costing?

Treatment of cst and vat, Treatment of CST and VAT in Sales Book A suppl...

Treatment of CST and VAT in Sales Book A supplier who expenses the CST for inter declares purchase by him, is responsible to first deposit the gathered CST from bought to Got Co

#13, A survey showed that 80% of the 1600 adult respondents believe in glob...

A survey showed that 80% of the 1600 adult respondents believe in global warming. Construct a 95% confidence interval estimate of the proportion of adults believing in global warmi

meanings of statistics by different authors, meanings of statistics by dif...

meanings of statistics by different authors and importance of statistics in the field of Education

Biostatistics, I need the following exercises done by March 19th at 11:59pm...

I need the following exercises done by March 19th at 11:59pm: 4.4, 4.6, 4.8, 4.10, 4.14, 4.18, 4.26, 4.28. On pages 198-205

Financial decision making managers, Income statement: Sosa Corporation rece...

Income statement: Sosa Corporation recently reported an EBITDA of $31.3 million and $9.7 million of net income. The company has $6.8 million interest expense, and the corporate tax

6.2, comulativefrequencydistribution

comulativefrequencydistribution

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd