A process costing system for J Co used an input of 3,500Kg of materials at Rs20 per Kg and labour hours of 2,750 at Rs25 per hour. Normal loss is 20% and losses can be sold at a scrap value of Rs5per Kg. Output was 2,950 Kg. What is the value of the output?
1.Rs 142,485
2.Rs 146,183
3.Rs 149,746
4.Rs 152,986
Posted Date:-2021-11-16 05:46:52