A product passes through Process-I and Process-II. Materials issued to Process-I amounted to 1,60,000. Wages - 70,000 and Manufacturing Overheads -…
CA Intermediate · Cost and Management Accounting · PYQS · September 2025
A product passes through Process-I and Process-II. Materials issued to Process-I amounted to 1,60,000. Wages - 70,000 and Manufacturing Overheads - 58,000 were charged to Process 1. Anticipated normal loss was 6% of input. 9,200 units of output were produced and transferred to Process-II. There was no opening stock. Input of raw material issued to Process-I was 10,000 units. Scrap has a realizable value of 10 per unit. What is the value of units transferred to Process-II?
Suggested Answer and Working Notes:
Correct Answer: Option (A)
₹ 2,76,000
Topics: Overheads - Absorption Costing Method, Process & Operation Costing
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