
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Transcribed Image Text:Suppose that input to a process is 1,000 units at a cost of K4.5
per unit. Normal loss is 10% which is sold at K0.9 per unit and
there are no opening or closing inventories. if actual output were
860 units
Prepare relevant accounts
workings)
(show all your
(25 Marks)
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