Process Costing

Mayank (Sr.Accountant) (152 Points)

12 June 2011  

Hi Friends

I m working for a Jewellery Manufacturer.I want to know that if we are giving wastage to the workers whether it will be given on the input of material or on the output of the material.

 

Suppose we are giving 100gm gold to worker with alloy

rate of wastage 10%

What will be the wastage?

Kindly rply soon.

Thanks