mpany has a continuous process, making components which are partially used in the company's own products and partially sold on to other industrial customers. The company uses the Weighted Average method of process costing. The process has an expected normal wastage of 5% based on material introduced. This wastage is detected on completion. For the month of April the following activity occurred: Opening work in progress: 6000 Units 3 Material 100% complete 42,000 Labour and overheads 40% complete 48,000 During the month the following resources were used: E Material for 80,000 units was introduced 640,000 Labour and overheads cost 760.000 During of the month: Units completed and transferred: 50,000 units Units completed and sold to customers: 24,000 units @ $50 selling price Closing work in progress: 3000 Units Material 100% complete Labour and overheads 60% complete