COST AND MANAGEMENT ACCOUNTING I A company uses process costing to value its output. The following has been recorded for the period: Input materials: 2 000 units at R4.50 per unit Conversion costs: R13 340 Normal loss: 5% of input valued at R3 per unit Actual loss: 150 units There was no opening or closing stock. What is the valuation of one unit of output? (Use one decimal place.) A. R11.8 B. R11.6 C. R11.2 D. R11.0