Question
In a process account, the costs which will be borne by
the good production units include _____. 1. Normal loss 2. Abnormal Loss 3. Cost related to the processSolution
The good production costs will include the cost related to the process and also absorbs the normal loss. If Normal Loss is physically present in the form of scrap, it may have some value and will be credited to Process A/c. If Actual Loss > Normal Loss : the difference is abnormal loss . Abnormal Loss is not absorbed by good production, rather it is transferred to Costing Profit & Loss A/c
Statements: U = T ≥ J < Y ≤ X; C ≥ Z > X ≤ P = S.
Conclusions:
I. J ≤ P
II. S > T
Statements: A ≥ B ≥ Y = Z = M ≥ N ≤ E ≤ F = J
Conclusions:
I. F > Z
II. J ≤ Y
...In the question, assuming the given statements to be true, Find which of the conclusion (s) among given three conclusions is /are definitely true and t...
Statements: M @ N, P @ R, P & N
Conclusions: a ) M @ P b) R & M
...What should come in the place of question mark, in the given expressions to make ‘T ≤ Z’ always true?
R > S = T ≤ U ≤ V _?_ W = X ≤ Y...
Statements: Q = R; S ≥ T; P ≤ Q; R > V; R > S; T ≥ U
Conclusions:
(i) R > U (ii) V ≥ U (iii) P = R (iv) P < R
...Statements: Y ≥ Q ≥ P = T; T ≤ H < O; O > I
Conclusions:
I. P ≥ O
II. I > P
III. T < Y
Statements : T % W % B $ I @ L
Conclusions :
I. B * T
II. L © B
III. L * T
Statements: N $ Q, Q @ M, M % S, S % T
Conclusions : I. S # Q II. S & Q III. M & T
...Statement: J < L; J ≥ H > K; L ≥ F > M
Conclusion:
I. K ≥ L
II. F ≥ J
