Caleb Ltd uses a process costing system. During the month they put 320 units of total production at a cost of N$13 840. The company has estimated that the normal loss would be 5% with a scrap value of N$10 per unit. During the month 296 good finished units were actually manufactured.

The amount to be transferred to abnormal loss/gain account would be.

Select one:

a. None of all

b. N$320

c. N$368

d. N$350

e. N$360