#2 Process Costing - Valuation of Abnormal Loss, Abnormal Effective and Output (For B.Com/CS/CMA)

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Explained the procedure and concept of valuation of abnormal loss, abnormal gain/effective and output with the help of a question.
Student can also watch following lectures related with cost accounting :
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2. Budget and Budgetary Control :
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3. Machine Hour Rate (Overhead Distribution)
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4. Marginal Costing (Formula Formations) :
• Marginal Costing (Intr...
5. Contract Costing (Introduction) :
• Contract Costing (Intr...
6. Economic Order Quantity (EOQ) - Material Costing :
• Economic Order Quantit...
Download Assignments: drive.google.c...
#ProcessCosting #CostAccounting

[@shadesfades1931]

*Question : A product passes through 3 processes A, B, and C.*
*The normal wastage of each process is as follows:*
_Process_ *A* : 3%
_Process_ *B* : 5%
_Process_ *C* : 8%
Wastage of product:- *A was sold at 25 paise /unit.* That of *Process B at 50 paise /unit* and *C at 1rs/unit* .
*10,000 units were issued to Process A in the beginning of october 2010, at a cost wof Rs 1 /unit* .
The other expenses were as follows:-
*Process A* :-
1000- Sundry material
5000- Labour
1050 -Direct expenses
*Process B* :-
1500 - Material
8000 - Labour
1188 - Direct expense
*Process C* :-
500 - Material
6500 - Labour
2009 - Direct expense
*Actual output was (in units)*
A :- 9500
B :- 9100
C :- 8100

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Thanks brother

[@shadesfades1931]

@@shivamghimire400 your most welcome

[@shadesfades1931]

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[@sharmilam2487]

So helpful sir 👍

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[@nobbygamer3460]

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[@sushantrajput2732]

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[@quickquotes1651]

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This guy deserves a special place in heaven

[@moumitachakraborty12]

Your method of teaching is unique. I like the way you explain the concepts. Thank you very much sir for giving me opportunity to learn from you.

[@ganeshmodi254]

Apke pass iska question hoga

[@moumitachakraborty12]

@@ganeshmodi254 check the link given in the description box.

[@ishikakaushik3953]

Question : A product passes through 3 processes A, B, and C.
The normal wastage of each process is as follows:
Process A : 3%
Process B : 5%
Process C : 8%
Wastage of product A was sold at 25 paise /unit. That of Process B at 50 paise /unit and C at 1rs/unit.
10,000 units were issued to Process A in the beginning of october 2010, at a cost wof Rs 1 /unit . The other expenses were as follows:-
Process A :-
1000- Sundry material
5000- labour
1050 -direct expenses
Process B :-
1500 - Material
8000 - labour
1188 - direct expense
Process C :-
500 - material
6500 - labour
2009 - direct expense
Actual output was (in units)
A :- 9500
B :- 9100
C :- 8100

[@thelyricaldhh]

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[@bushrathakur9829]

Thank you so much sir...your way of teaching is just amazing...😇

[@910nitin]

perfect delivery of concept ..thank u sir

[@mahakagrawal6710]

Thank youuuuu so much, Sir. Tomorrow is my exam and you had taught this topic soooo well!!!🙏🏻🙏🏻🙏🏻🙏🏻

[@nimayprabhu122]

pass ho gayi kya?

[@pathuzz5258]

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[@aabedakhan9271]

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[@amritaraj2484]

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[@vintikumari1923]

Thnqu soo much sor apne bhut bhut bhut jyda ache se explain kiya

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Wowww aap sach me itna accha sikhate hai na sir mujhe laga me fail ho jaungi but ab umeed hai ki pass ho jaungi mai bohot bohot thankyou apko

[@BR0.980.]

Sir, You are one of the best CA of India.

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Dhanywaad sir

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[@garimashekri6691]

Thank you so much sir..❤️🙏

[@shadesfades1931]

*It is Question No 13 of long numerical question in M. L. Aggrwal Cost accounting book*

[@shivaniagrawal4776]

Superb explanation sir thank u for the perfect explanation

[@safeerhussain7617]

Sir respect from neighboring country

[@siddharththapa1507]

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[@balwinderkaur_7]

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[@aurangdivya296]

Sir plzz show questions till end ..

[@Prernasharma1110]

Thank uhh so much sir😇...Uhh do a lot for sir😇...❤

[@ameerhamzawarfighter9522]

Bohat acha method hai ap ka sir g thanks alot😊😊

[@sharadjadhavmba]

Question ? Dear Sir I am working in MFG Company as a asst Manager finance and i am looking for problem where how can we reduce Overhead cost based on volume of the product ?

[@sobhasaha9696]

Teaching process are nice sir

[@yasmeensayyad6782]

Sir your video is absolutely awesome but can u plzzzzzzz upload in your video questions also actually we are different types of course students so we don't have b. Com books so we are facing difficulty to understand question

[@RightGamerz]

you are perfect teacher

[@nikhilpatil6930]

Sir questions bhi dikhaya kijiye
And unit's calculation and all bhi detail mai explain kara kijiye

[@samanyuchakravarty2843]

Teach is valid ain't no cap

[@ritvikmukherjee9229]

thanks a lot sir ... pura concept clear ho gaya ek hi bar me

[@bhavnajain2781]

sir please upload lectures of Mcom part 1 Financial Accounting.. Ur lectures are very helpfull

[@artishejawal8214]

Thank you, sir
This video very useful .✨🎯

[@simransimran3178]

Nice video ❤️
Thanks for your support sir jii🙏

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Badhiya 👏🤩

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Amazing sir 🌼🌼

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Happy Guru Purnima sir...🙏🙏

[@shrutisoni9626]

Thankuuu.... so much sir
Mujhe jis question me problem thi exact whi question hh ye😍😍😍

[@Roginanayak-hy8uf]

thank you so much sir😊

[@amanpatel2597]

Basic to higher level ❤

[@SukhbirSingh-bi1oe]

you are farishta sir ..

[@juhisonde9735]

Had a question!: y you didn't multiple the 25 Paise.. with 300 in the first process account.. and take it as 75.. where as. In the 2&3 it is multiplied with the amt given...

[@seemasadiya1572]

Sir which textbook you are referring can you please tell me

[@CREATING_FUTURE]

It fills like god is teaching

[@vaishalishivhare7887]

Sir please make a content covering all aspects of consignment in a full fledged question

[@SadiGaddi]

thankyou

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[@vikramithape]

AMAZING ❤️❤️

[@krishnashejule787]

it's was really helpful 🙌

[@creamworld01]

Excellent work sir

[@palakmondal2262]

Sir pls upload a video about opening and closing Work in progress valuation in process costing with some illustration.

[@sandeepsharma-st6eh]

best teacher for costing nd fm... thanx alot

[@lawcreation1329]

Rty

[@pixel5982]

Question did not shown in this episode i wasn't following a same text book. Therefore i dint catch up.

[@sezalshankar5406]

@@himanshu3208 thankew for letting me know too but there was no point of saying idiot to him☺️ be polite👍because we all are student and we all have some or the other kinds of doubts

[@vinayrathee910]

Check in the description

[@mohammedjasirpv4305]

@@vinayrathee910 Thank You

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[@karran13]

Abe chutiye, limk check karleta

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Thank you soo much sir for this video.... it's very helpful 😁😁

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Crash course done in minutes

[@ChitragaarAshokaraju]

Sir question ko ek bar screen par display kijiye sir ham screen shoot le sakte hai sir to solve and can understand properly sir

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Sir ap ka tuition institute kha hai

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u are great

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Very nyc explaination sir thanq so much...😉😍

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Awesome way to teach 👌🏻

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thank u so much sir, your video help so much in study.

[@pushparitaroy482]

Which book for 2nd sem you require to use sir .. can u tell me sir ?

[@pankajbisht2841]

thank you sir for such a awesome explaination

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Respect🔥❤️

[@atthecross7152]

Thank you Sir. This very helpful

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Thnku sir 😊

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[@Dasjayashree30603]

Thank you so much💞

[@shreyabhagat3903]

Best explaination

[@asaz608]

Sir u didn't show question
Anyway thank u sir
It is very helpful

[@varshachaubey6002]

Thanks for teaching

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These chanel was very useful for me

[@juveriakhan7032]

Thank u

[@godlevelediting5754]

Thank u sir...

[@motivationbysaksham]

Sir agar question mai normal loss ki sale value na btaye ho to kya kare

[@seemabehen8364]

Can you please add questions too .

[@wahajkhan3058]

Sir i love you 🙏

[@vanitabara6452]

Is this the whole chapter of process costing ?

[@dheepdsouza]

thank you so much sir ... u explain very well..

[@Attractive_cutegirl]

Sir kise kise or y book nhi h to plz questions bi dekha diya kro tki help mile

[@sandhyadwivedi9426]

Sir my clg is not letting me use calculator in m. Com what should I do now

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Sir where do u teach I mean where is that institution where u teach plz mention

[@earnmoney7651]

Sobabazar kolkata

[@kkkumari5819]

Superb sir ji

[@parveennagar3575]

sir normal watage abnormal wastage kese nikalne h pls se bta do

[@rinkinayak8998]

Is answer ka question is video k description Mein hai link my dear friend's 😊😊

[@prashantsubedi8220]

Thankyou mate

[@sanjivpathak3806]

Tnku...

[@HaiderAbbas-gr1ly]

Sir which book that you are teaching?

[@ravikumaronweb]

That was well explained. Than you sir

[@sanakhan1960]

Sir aapka choching kaha chlta h.. mai joind krna chahti hu