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  3. process 1 input: material a: ,6,000 kilograms at

Process 1 Input: Material A: ,6,000 kilograms at K1 per kilogram ...

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Question

Accounting

Process 1
Input:
Material A: ,6,000 kilograms at K1 per kilogram
Material B: ,4,000 kilograms at K2 per kilogram
Mixing Labour: ,430 hours at K4 per hour
Normal Loss: ,5% of input weight, disposed of at K0.32 per kilogram
Output: 9,200 kilograms.
No work in process is available at the beginning and end of the period.
64
Process 2
Input:
Material C: ,6,600 kilograms at K2.50 per kilogram
15720
is
Material D: ,4,200 kilograms at K1.50 per kilogram
Flavouring Essence: K600
Mixing Labour: ,370 hours at K4 per hour
Normal Waste: ,5% of input weight with no disposal value
Output: 18,000 kilograms.
14996
No work in process is available at the beginning of the period but 1,000 kilograms in process 489 inventory is available at the end of the period and estimated to be only 50% complete with regards to labour and overheads. Overheads of K6,400 incurred by the two processes are to be absorbed on the basis of mixing labour hours.
15
From the information given above, you are required to:
(a) Show the account for Process I,
(6 Marks)
(b) Show the account for Process II,
(6 Marks)
(c) Show the account for abnormal loss and;
(6 Marks)
(d) Show the account for the packing department.
(7 Marks)
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