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process costing

Forums › FIA Forums › process costing

  • This topic has 1 reply, 2 voices, and was last updated 8 years ago by AvatarKim Smith.
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  • April 26, 2018 at 5:42 pm #448991
    Avataramirrhamza786
    Member
    • Topics: 9
    • Replies: 0
    • ☆

    4000 litres of a chemical were manufactured in a period there is a normal loss of 6% of the material input to the manufacturuing process . there was an abnormal loss of 4% of the material input in the period

    how many litres of material (to the nearest litre) were input during the period ?

    April 27, 2018 at 7:32 am #449043
    AvatarKim Smith
    Keymaster
    • Topics: 138
    • Replies: 8465
    • ☆☆☆☆☆

    If 4000 is the output after the total loss of 10% of input (6% + 4%), the input was 4000/90% = 4444

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