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Material costing

Forums › ACCA Forums › ACCA MA Management Accounting Forums › Material costing

  • This topic has 2 replies, 3 voices, and was last updated 9 years ago by HazE.
Viewing 3 posts - 1 through 3 (of 3 total)
  • Author
    Posts
  • June 17, 2015 at 3:30 pm #257483
    Mun
    Member
    • Topics: 13
    • Replies: 31
    • ☆

    Hi,can anyone teach me how to do this question?

    3800 litres of a chemical were manufactured in a period.there is a normal loss of 5% of the material input to the manufacturing process.there was an abnormal loss of 3% of the material input in the period?How many litres of material were input during the period?

    Kindly reply,

    Thank you.

    June 17, 2015 at 6:14 pm #257510
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54684
    • ☆☆☆☆☆

    If you want me to reply, then you should ask in the Ask the Tutor Forum (this forum is for students to help each other).

    However…have you watched the free lectures for Paper F2, where this is covered in full?

    June 17, 2015 at 6:24 pm #257520
    HazE
    Participant
    • Topics: 11
    • Replies: 84
    • ☆☆

    The answer to it is 4130 litres approx

    Since the final product is after the normal loss and abnormal loss of 5 and 3 percent respectively. So what it essesntially means is that the final producy is 92 percent of the input so 3800/.92=4130 litres

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