The following details relate to the main process of Z Limited, a paint manufacturer:

All losses occur at the end of the process.
The numbers of equivalent units to be included in Z Limited’s calculation of the cost per equivalent unit, using a weighted average basis of valuation, are

Transcribed Image Text:

Opening work in process 2400 litres Material input 58 000 litres Normal loss is 5% of input Output to next process 52 500 litres Closing work in process fully complete as to materials and 30% complete as to conversion 3.000 litres fully complete as to materials and 50% complete as to conversion