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Commerce · Q155

Costing

Graduate and Post Graduate · Commerce · question 155

Q155

50 units are processed at a cost of Rs 80, normal loss is 10%, each unit carries a scrap value of 25 paise If output is 40 units, the value of abnormal loss will be _________.

A.
Rs. 1.25
B.
Rs. 8.00
C.
Rs. 8.75
Answer
D.
Rs. 8.88

Answer: Option C

Solution

Answer: Option C
Solution:
VALUE OF ABNORMAL LOSS = (Total cost - scrap value)/No of unit produced × Abnormal Issue
=(80-(5×.25))/(50-5) × 5
=8.75