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McKay Company uses process costing. The company started with 2,000 units in beginning inventory. There were 15,000 new units started during the month. 14,000 units

McKay Company uses process costing. The company started with 2,000 units in beginning inventory. There were 15,000 new units started during the month. 14,000 units were transferred out and 2,800 units remained in ending inventory. McKays normal spoilage rate is 1%. The cost per equivalent unit for the month was $15. How much should be charged to the Loss from Abnormal Spoilage account?

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