prepare process cost accounts showing cost per tonne of each process there was no st 620858

The product of a manufacturing concern passes through two processes A and B and then to the finished stock. It is ascertained that in each process normally 5% of the total weight is lost and 10% is scrap which from Process A and B realized Rs. 80 per tonne and Rs. 200 per tonne, respectively.

The following figures relate to both processes:

Process A

Process B

Materials (in tonnes)

1,000

Cost of materials (Rs. per tonne)

125

70

Wages (Rs.)

28,000

200

Manufacturing expenses (Rs.)

8,000

10,000

Output (in tonnes)

830

5,250

780

Prepare process cost accounts showing cost per tonne of each process. There was no stock or WIP in any process.