What is the average cost per unit

Assignment Help Cost Accounting

Reference no: EM132765339

Question - If 1,000 units are input into a process at a cost of $1,800 and normal loss is 10% of input. What is the average cost per unit?

The following data relates to Process 1.

Materials input - 1,000 units costing Kshs 10,000

Labour costs - Kshs 8,000

Departmental overheads - Ksh 6,000

Normal loss is 4% of input and is sold as scrap for Ksh 12 per unit.

Required - Calculate the average cost per unit in Process 1 and complete the process account and the scrap account.

Reference no: EM132765339

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