Question: Basic. R makes one product, which passes through a single process. Details of the process account for period 1 were as follows: There was no

Basic. R makes one product, which passes through a single process. Details of the process account for period 1 were as follows:

Material cost-20000kg Labour cost Production overhead cost Output Normal losses $ 26000

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 thé nearest $) is:

(a) $437

(b) $441

(c) $460

(d) $465 CIMA Fundamentals of Management Accounting

Material cost-20000kg Labour cost Production overhead cost Output Normal losses $ 26000 12000 5700 18800kg 5% of input

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