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

Accounts receivable solutions, Volumes due from personal individuals or com...

Volumes due from personal individuals or companies for products, and/or solutions equipped by the condition. Records Receivable does not involve amounts due from other companies, r

Parametric and non-parametric stats tests, What is the difference between p...

What is the difference between parametric and non-parametric stats tests? What is the difference between parametric and non-parametric stats tests? Different kinds or levels of d

Define the critical value and degrees of freedom, (3) You generate a nul...

(3) You generate a null hypothesis that = 32. You draw a random sample of size n = 28 from the population. You observe the following sample statistics: Y = 35:5 and a

Nominal data, what type of analysis is suitable for nominal data?

what type of analysis is suitable for nominal data?

Focus grade10, bookeeping cycle

bookeeping cycle

Index nos, why indux number considerd as an economic barrometer

why indux number considerd as an economic barrometer

INTRODUCTION TO STASTICS, Let a and b be constants and le yi=axi+b for i=1,...

Let a and b be constants and le yi=axi+b for i=1,2,...n. W HAT IS THE RELATION SHIP BETWEEN mean and variancees of X and Y ?

Acceptance region, Acceptance Region A term related with the statistical...

Acceptance Region A term related with the statistical signi?cance tests, which provides the set of values of a test statistic for which the null hypothesis cannot rejected. Supp

#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

Give structural reasons for the binding dependence, Binding studies were ca...

Binding studies were carried out in which heparin was immobilized on the surface of cuvettes. The pH dependence of HPRG binding to heparin was investigated and the results are show

Write Your Message!

Name

Email id

Message

Verfication Code

User Account

All Pages