Input is 10,000 units and normal loss is 20% of input and abnormal loss is 400 units What is actual output?
A. 7600 units
B. 10,000 units
C. 10, 400 units
D. 12,000 units
Answer: Option A
Solution(By Examveda Team)
Output after normal loss= 10000 - (10000 × 20%) = 8000 units.
Output after abnormal loss
= 8000 - 400 = 7600 units.
Join The Discussion
Comments ( 2 )
Related Questions on Costing
Basic objective of cost accounting is ________
A. tax compliance.
B. financial audit.
C. cost ascertainment.
D. profit analysis.
Process costing is suitable for ________.
A. hospitals
B. oil refing firms
C. transport firms
D. brick laying firms
The cost which is to be incurred even when a business unit is closed is a _____.
A. imputed cost
B. historical cost
C. sunk cost
D. shutdown cost
How to calculate normal loss
Normaol loss is 15% , Input is 1000 units, Abnormal Loss is 20 units , The output is
?