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Shrewsbury Pharmaceuticals manufactures a wonder drug' called Quipplex During the last month, Shrewsbury Pharmaceuticals produced 6,248 tonnes of Quipplex The costs incurred in were Chemical

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Shrewsbury Pharmaceuticals manufactures a wonder drug' called Quipplex During the last month, Shrewsbury Pharmaceuticals produced 6,248 tonnes of Quipplex The costs incurred in were Chemical ingredients Labour Other relevant overheads 36 380 45,628 39 380 Required: 1 What is the cost per tonne (in pounds and pence) of Quipplex? 2 What is the name given to the approach to full costing, shown above, that is relevant to identical, or near-identical units of output? The cost per tonne can be found by this formula (Rounded to two decimal places) E per tonne The approach to full costing that is relevant to identical, or near-identical units of output is called process costing job costing departmental costing service costing

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