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Bunhill Ltd refines oil through a single process. The input is 20,000 litres raw materials with a total cost of 1 million. The final output
Bunhill Ltd refines oil through a single process. The input is 20,000 litres raw materials with a total cost of 1 million. The final output is 14,000 litres. The normal loss is 5%. The scrap value for wasted materials is 2/litre. What is the expected cost per unit (rounding to two decimal places)
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