Process Costing – Losses (part a)

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Comments

  1. you are the best teacher,i am so saturated by your lectures that i am only listening in to learn your upper class english accent.thanks a million and keep up the good work

  2. why cant play the video?

  3. Brilliant! thanks so much!

  4. this is magnificent

  5. should not be assumption there that 1 unit contains 1 kg of material(a unit=a kg)? Because, under heading kg you say units..

  6. where is the loss a/c?

  7. superb

  8. “Happy Happy”…. You deserve a high 5 lecturer, this is superb!

  9. Short Class very interesting with more simplicity .Thanks you Opentuition Team.

  10. Great!

  11. I love these lectures. Thank you

  12. i cant get this video to play

  13. very clear understandable and enjoyable

  14. The course notes and the lecture both explain this.

    In example 1, the losses have no sale value.
    In example 2, the losses are sold for $5 a kg and any sale proceeds of normal losses are subtracted from the costs (i.e. treated as a negative cost)

  15. In the Example # 2 the 300 KG of Normal loss whose value will be 1500$ (300* 5$) but why this value 1500 $ has been subtracted from the value 52800 $? Explain this.Because in the example #1 the Value of Normal loss was not subtracted only the kg value was subtracted.

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