A product is obtained after it passes through two distinct processes. From the...
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Accounting
A product is obtained after it passes through two distinct processes. From the following information, prepare ProcessI and ProcessII Accounts and Abnormal Loss Account : ProcessI : Input
MaterialA
@ paise per
MaterialB
a per
Mixing labour hours
@ per hour
Normal loss of weight input, disposed off at paise per kg
Output kgs
ProcessII : Input
MaterialC
a per
MaterialD
@ per
Mixing labour hours
@ per hour
Flavouring
Essence
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