Illustration 1 :
Why Apportionment of Wastage is calculated based on Produced outputs (4800 tons), not on Inputs of 5000 tons ?
Karthick A
CA Final
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14-Jan-23 19:42
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Answers (3)
Best Answer
When we purchase goods and leave them unused, there will be no wastage; however, if you use that product in production, you will experience some wastage during the production process.