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Answer Posted / anirudha vaishampayan
E.R.1 is monthly return for Production, Clearance & duty
paid thereof. E.R.-2 is monthly return for 100% Export
Oriented Units. E.R.-3 is Quarterly return for SSI units,
E.R.-4 is Annual Financial Statement return ( Yearly before
30 th November every year ). E.R.-5 is Yearly return
related to principal Input. E.R.-6 is monthly return for
Information related to monthly receipt and consumption of
principal inputs. E.R.-7 is yearly return of Installed
Capacity Statement.
| Is This Answer Correct ? | 78 Yes | 13 No |
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hdn Systems Pvt. Ltd., manufactures a consumer durable which passes through two processes M and N. From the following details prepare necessary process ledger accounts bringing out clearly the cost of the product at each stage. Process ‘M’ Process ‘N’ Materials (Rs.) 30,000 3,000 Labour (Rs.) 10,000 12,000 Overheads (Rs.) 7,000 8,600 Input (units) 20,000 17,500 Normal loss 10% 4% Scrap value of loss (per unit) Re. 1.00 Rs. 2.00 There is no opening or closing W-I-P or stock at processes. Final output from the process ‘N’ was 17,000 units
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