A product passes through three processes X, Y and Z. The normal waste of each process was 3%, 5% and 8% for X, Y and Z, respectively. The waste of process X was sold at Rs 2.50 per unit, that of Y at Rs 5 per unit and that of Z at Rs 8.50 per unit. 10,000 units were issued to process X on 1 July at a cost of Rs 100 per unit. The other expenses were as follows:
Processes | |||
X (Rs) | Y (Rs) | Z (Rs) | |
Sundry materials | 10,000 | 15,000 | 5,000 |
Labour | 50,000 | 80,000 | 65,000 |
Expenses | 10,450 | 15,895 | 20,000 |
The actual outputs were 9,500 units; 9,100 units and 8,100 units for X, Y and Z, respectively. Prepare process accounts assuming that there are no opening or closing stocks.
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