Question 2 (40 marks) Namibia Cleaning Agents ("NCA") is a company based in Okahandja that produces and sells a cleaning agent. Due to the sophistication of the production process, NCA uses a process costing system to value its inventory. The production requires that inspection is done at the end of the process and a normal loss of 5% is anticipated at inspection. The following information relates to the production process for July 2022 : Page 10 of 16 FACULTY OF COMMERCE, MANAGEMENT AND LAW Question 2 (40 marks) Namibia Cleaning Agents ("NCA") is a company based in Okahandja that produces and sells a cleaning agent. Due to the sophistication of the production process, NCA uses a process costing system to value its inventory. The production requires that inspection is done at the end of the process and a normal loss of 5% is anticipated at inspection. The following information relates to the production process for July 2022 : Page 10 of 16 FACULTY OF COMMERCE, MANAGEMENT AND LAW