* not completed

. The double entry required to record costs incurred on the disposal of abnormal losses is:

Debit abnormal loss account, Credit process account correct incorrect

Debit disposals cost account, Credit abnormal loss account correct incorrect

Debit disposals cost account, Credit process account correct incorrect

Debit abnormal loss account, Credit disposals cost account correct incorrect

* not completed

. DDE Limited operates a liquid soap making process. In February, the process used 10,000 litres of materials. Normal loss from the liquid soap making process is 4% of input materials. All losses, both normal and abnormal, from this process have a disposal cost of £0.50 per litre. Materials input to the soap making process in February cost £15,360 and conversion costs totalled up to £7,672. Output from the process in February was 9,500 litres of liquid soap. What is the production cost of finished output from the soap making process in February?

£22,990 correct incorrect

£23,039 correct incorrect

£23,232 correct incorrect

£23,282 correct incorrect

* not completed

. EVI Limited operates an oil refining process. In April, the first stage of the process used 20,000 litres of crude oil. Normal loss from the first stage of the oil refining process is 2.5% of input materials. All losses, both normal and abnormal, from this first stage process have a disposal cost of £0.45 per litre. 19,300 litres of output from the first stage of the process were transferred to the next stage during April. What is the correct double entry to record the disposal costs of normal and abnormal losses in April?

Debit process account £315, Credit disposals cost account £315 correct incorrect

Debit disposals cost account £315, Credit normal loss account £225, Credit abnormal loss account £90 correct incorrect

Debit process account £225, Debit abnormal loss account £90, Credit disposals cost account £315 correct incorrect

Debit disposals cost account £315, Credit process account £225, Credit abnormal loss account £90 correct incorrect

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. FFV Limited operates a sealant making process. In August, the process used 2,000 litres of materials. Normal loss from the sealant making process is 2% of input materials. All losses, both normal and abnormal, from this process have a disposal cost of £1.00 per litre. Materials input to the sealant making process in August cost £11,760 and conversion costs totalled up to £3,880. Output from the process in August was 1,935 litres of sealant. What is the total amount debited to the abnormal loss account in August?

£200 correct incorrect

£221 correct incorrect

£225 correct incorrect

£265 correct incorrect