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ScotlandAccountingQuick questions
Management Accounting
Quick questions on Job costing and process costing - SQA Advanced Higher Accounting
2short Q&A pairs drawn directly from our worked dot-point answer. For full context and worked exam questions, read the parent dot-point page.
What is q1?Show answer
A job costs GBP 4,000 in total and profit is added at 25% of cost. State the price. [2 marks]
What is q2?Show answer
A process inputs 10,000 units with a normal loss of 8% and no scrap value, at a total cost of GBP 92,000. Find the cost per good unit. [3 marks]
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