Questions On Process Costing +Video Guide

/ Exam Questions / By

Process Costing Question 1

In the account details recorded for CharllyCARES Nig Ltd. There was an input material transferred from Process A account which is 12,000 units.

The cost of labor was N15,000 while the factory overhead cost was N15,000. The final output was 11,000kg with a normal loss of 5%.

You are required to calculate:

  • Total Cost
  • Expected Unit
  • Cost Per Unit
  • Value of Good Unit
  • Value of Abnormal loss
  • Value of Abnormal gain

See also: YouTube Video That Suits This Question

-- Advertisement --

Related posts:

  1. Process Costing Terminologies – What Is Process Costing?
  2. Break-Even Analysis Formulas +Video Guide
  3. Job Costing: Examination Guide and Format on Job Costing
  4. 2 Questions on Ledger Entries +Video Guide
  5. Questions on Budgeting (Cost Accounting)
  6. 1, 2, 3 Columns Cash Book +Video Guide
  7. Ledger Accounts and Trial Balance +Video Guide
  8. Marginal Costing Techniques | MCT
  9. Questions on Integration and Vector Algebra
  10. 10 Questions on Consumers Behaviour (Economics)
  11. Questions on Linear Programming
See Also:  Questions on Linear Programming
-- Advertisement --