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Standard costing

In illustration 3 , it is given the quantity of the good product is 182 kg i.e output and material used is 200 kg Then how can there be a loss 18 kg. They haven't mentioned it is 182 kg of material is taken to produce 182 kg output

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Swathi Krishna

Swathi Krishna

CA Inter

7K+

23-Oct-20

41

Answers (1)

It is given that actual output is 182 kgs And the input used is also given The difference between the two gives u the value of normal loss i. e, 18


Mithinti Pravallika

Mithinti Pravallika

CA Inter

7K+

24-Oct-20

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