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

Cost control, how to make assignment maintenance cost control

how to make assignment maintenance cost control

develop simulation model-compute average amount, Bob Smith recently comple...

Bob Smith recently completed his MBA and accepted a job with a computer company. To ensure that his retirement is comfortable, he intends to invest $3,000 of his salary into a tax

General journal, Can you do my accounting assignment?

Can you do my accounting assignment?

Assignment, An experiment succeeds twice as often as it fails. Find the cha...

An experiment succeeds twice as often as it fails. Find the chance that in the next six trials there will be at least four successes

Recruitment process process map, What are the steps in a recruitment proces...

What are the steps in a recruitment process and who are responsible for each step?

Numerical annalysis, the number x = 37.46235 is round off to four significa...

the number x = 37.46235 is round off to four significant figures. compute the absolute error

Cost , For the month of June, Department A of Pauley Inc. had a segment mar...

For the month of June, Department A of Pauley Inc. had a segment margin ratio of 15%, a variable expense ratio of 60% of sales, and traceable fixed expenses of $15,000. Department

Construct the frequency distribution, 1) Here we are given a raw data and w...

1) Here we are given a raw data and we are supposed to construct the frequency distribution of that data and plot the histogram of it. The dataset contains the values from 1 to

Cash discount., Cash discount A payment received, given if payment is comp...

Cash discount A payment received, given if payment is completed within a stated age of occasion, Refer to TRADE DISCOUNT,

Calculate bonferroni confidence intervals, The "recoverytime" files record ...

The "recoverytime" files record the time (in days) for male blue-collar workers to recover from a common wrist fracture. Each man was given a questionnaire to complete to determine

Write Your Message!

Name

Email id

Message

Verfication Code

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!

Submit Assignment

User Account

All Pages