Mathematics · Process Costing Calculations
During a month, 4,700 units of input were transferred from Process 1 to Process 2 at a total cost of ₹28,200. In Process 2, additional costs incurred were: Direct wages ₹5,000, Direct expenses ₹9,910, and Overheads ₹10,000. Normal loss in Process 2 is 10% of input, with a scrap value of ₹5 per unit. If actual completed output in Process 2 is 4,300 units, what is the total value of the output transferred to Process 3?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1₹50,760
- 2₹53,110
- 3₹52,440
- 4₹51,600✓
Correct answer
₹51,600
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