The following information is available for a production process for the last period: Material input 200 kg at $4 per kg Labour input 100 hours at $15 per hour Department overhead $1,000 Transfer to finished goods 150 kg Normal loss is 10% of input. Losses are identified when the process is 50% complete. There is no opening or closing workinprogress. What is the total cost of a completed unit?

Answer rating: 100% (QA)

Heres how to calculate the total cost of a completed unit 1 Calculate the normal loss Normal loss Material input Normal loss rate Normal loss 200 kg 1... View the full answer