Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. scrped units have a value of r40 each. there was n

scrped units have a value of R40 each. There was no opening work in progress,...

70.2K

Verified Solution

Question

Finance

image

scrped units have a value of R40 each. There was no opening work in progress, but \\( 200 \\mathrm{~kg} \\) were in progress at the end of the month, at the following stages of comoletion. - 80 per cent complete in materials added: ans - 40 per cent complete in conversion costs. REQUIRED Write up the following accounts for the process (show all calculations leading to the three accounts) 4.1 Process 2 account. 4.2 Scrap account. 4.3 Abnormal account. scrped units have a value of R40 each. There was no opening work in progress, but \\( 200 \\mathrm{~kg} \\) were in progress at the end of the month, at the following stages of comoletion. - 80 per cent complete in materials added: ans - 40 per cent complete in conversion costs. REQUIRED Write up the following accounts for the process (show all calculations leading to the three accounts) 4.1 Process 2 account. 4.2 Scrap account. 4.3 Abnormal account

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Statistics
1.2K views

1) Of all the trees planted by a landscaping firm, 10% survive. What is the probability...

Medical Sciences
1.2K views

Below are symptoms of a patient related to the Renal System. Each person needs to answer all...

Psychology
1.2K views

Sexual Harassment in the work place (Business Ethics) Please develop the reason of this topic. (like...

Physics
1.2K views

Consider three point charges q1=q2=q3=Q. If q1 and q2 are located on the Y-axis at y=+a...

Biology
1.2K views

What is the other name for data wrangling O Data cleansing O Data discovery O...

Basic Math
1.2K views

Solve for c.3abc + b = 5c=(5-b)/(3ab)c=2-abc= -5/3ab

Basic Math
1.2K views

You are flying a kite on a line that is 350 feetlong. Let's suppose the...

Accounting
1.2K views

Question Evaluating Investment projects You are planning to invest $75,000 in...

Accounting
1.2K views

The production manager of Rordan Corporation prepared the following quarterly production forecast for next year:...

Accounting
1.2K views

Required information [The following information applies to the questions displayed below] Clopack Company manufactures one...

Accounting
1.2K views

Im trying to figure out the answer to the ones that are marked wrong in...

Finance
1.2K views

Help Seve Sub Dog Up! Franks is looking at a new sausage system with an...