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R makes one product, which passes through a single process. Details of the process account for period 1 were as follows: $ Material cost 20,000
R makes one product, which passes through a single process. Details of the process account for period 1 were as follows:
$
Material cost 20,000 kg 26,000
Labour cost 12,000
Production overhead cost 5,700
Output 18,800 kg
Normal losses 5% of input
There was no work-in-progress at the beginning or end of the period. Process losses have no value.
The cost of the abnormal loss (to the nearest $) is
A. $437
B. $441
C. $460
D. $465
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