I think he might be wrong...Dummy is to be allocated as usual. Plz refer Practice Manual 1st Question (page no.11.6); the question is solved by VAM, There is no special treatment for the Dummy: So the same treatment is applicable for least cost method also..
Hello madam... are u agree with my answer..??? Is there any doubt???
Guest
hello,. yeah I agree with ur point. actually I also agree with the solution given in P.M . I was confused because solution given my teacher was different.As per his opinion no cost is allocated to dummy in least cost method.
CAclubindia
