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Q.66. A process costing system for J Co used an input of 3,500kg of materials at Rs20 per kg and labour hours of 2,750 at

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Q.66. A process costing system for J Co used an input of 3,500kg of materials at Rs20 per kg and labour hours of 2,750 at Rs25 per hour. Normal loss is 20% and losses can be sold at a scrap value of Rs5per Kg. Output was 2,950 Kg. What is the value of the output? (a) Rs 142,485 (b) Rs 146,183 (C) Rs 149,746 (d) Rs 152,986

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