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    Question

    From the following data calculate abnormal gain to be

    debited to process account. Input introduced in process 1 = 2000 units Output = 1900 units Normal loss = 10% of input Scrap value per unit = Rs. 5 Cost of material, labor & overhead = Rs. 19,000
    A Rs. 2,000 Correct Answer Incorrect Answer
    B Rs. 4,000 Correct Answer Incorrect Answer
    C Rs. 1,000 Correct Answer Incorrect Answer
    D Rs. 3,000 Correct Answer Incorrect Answer

    Solution

    The correct answer is C

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