Economics · Process Costing
A product passes through Process A. The following information is available: Input units: 5,000 units Total cost: ₹2,50,000 Normal loss: 10% of input Scrap value of normal loss: ₹10 per unit Actual output: 4,000 units What is the value of abnormal loss?
- 1₹32,500
- 2₹30,000
- 3₹27,222✓
- 4₹25,000
Correct answer
₹27,222
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