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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA MA – FIA FMA › process costing
the following data relates to a particular process :-
input quantity – 1000kg
normal loss – 10% of input
process cost – $14300
actual output – 880kg
losses are soldat $8 per kg
how much abnormal loss in $ would be charged to the income statement?
answer : 140
how to do this question?
You need to watch the free lectures process costing. I am sorry but I cannot type out the whole lectures here 🙂
okay, thank you
You are welcome 🙂