The normal loss of production process A is 10%. The scrapped units are sold at $4.5 each. The details of process A are as follows: 1) input material= 9,000 units (Cost= $28,350) 2) Trf to other depts. B= 8,000 units 3) Conversion cost= $16,200 What will be the total cost of all losses to be presented in the process account?

The normal loss of production process A is 10%. The scrapped units are sold at $4.5 each. The details of process A are as follows: 1) input material= 9,000 units (Cost= $28,350) 2) Trf to other depts. B= 8,000 units 3) Conversion cost= $16,200 What will be the total cost of all losses to be presented in the process account?

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter3: Process Cost Systems

Section: Chapter Questions

Problem 5BE: The cost of direct materials transferred into the Rolling Department of Kraus Company is 3,000,000....

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