Question: A company operates a process costing system. The process is expected to lose 10% of input and this can be sold for $0.45 per kg

A company operates a process costing system. The process is expected to lose 10% of input and this can be sold for $0.45 per kg Inputs for the month were: 2,500 kg at a total cost of Direct Material $4,425 Direct Labour 5,250 for the period there is no opening or closing work-in-progress in the period. Actual output was 2.150 kg. What is the valuation of the output

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