In a factory the product passes through two processes A and B. A loss of 5% is allowed in Process A and 2% in Process B, nothing being realized by disposal of wastage (ie no cost for normal loss). During April, 2005, 10,000 units of material costing $ 6 per unit were introduced in Process A. The other costs are: Process A Process B $ $ Materials 6,140 Labour 10,000 6,000 Overheads 6,000 4,600 The output was 9,300 units from Process A. 9,200 units were produced by Process B, which were transferred to the warehouse. 8,000 units of the finished product was sold @ $ 15 per unit. The selling and distribution expenses were $2 per unit.