A company manufactures Chemical X. At the start of the month there was no work in progress. During the month 300 liters of raw material were input into the process at a total cost of $6 000. Conversion cost during the month amounted to $4 500. At the end of the month 250 liters of chemical X were transferred to finished goods inventory. The remaining work in progress was 100% complete with respect to materials and 50% complete with respect to conversion costs. There were no losses in the process and there is no scrap available during months when losses occur

If there had been a normal process loss of 10% of input during the month what would the value of this loss have been?