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What is the value of the output

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Question - X Ltd makes one product, which passes through a single process.Details of the process are as follows.

Materials 5000kg at 50c per kg

labour $800

Production overheads 200% of labour

Normal lossesare 20% of input in the process and without further processing, any loss can be sold as a scrap for 30c per kg. The output for the period was 3800kg from the process. No work in progress at the beginning of the period. The inspection point for losses is at the end of the process.

a) What is the value of the output?

b) What is the abnormal loss?

Reference no: EM132568948

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