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Caleb Ltd uses a process costing system. During the month of April, the company input 1 900 units at a total cost of production of
Caleb Ltd uses a process costing system. During the month of April, the company input 1 900 units at a total cost of production of N$100 700. The company has estimated a normal loss from the process of 5%. The value of goods transferred to finished goods is N$99 275. Compute the scrap value per unit of normal loss. NB: You are not required to enter the unit or currency symbol. Enter numerical answer with no spaces. For example: 1000
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