Latexim company manufactured clothes. Latexim uses a process costing system. The following information on Assembly Process is extracted from Latexim’s record; Input materials 3,200 kilogram (kg) RM18...

Latexim company manufactured clothes. Latexim uses a process costing system. The
following information on Assembly Process is extracted from Latexim’s record;
Input materials 3,200 kilogram (kg) RM18 per kg
Labour and overhead incurred RM12,000
Expected normal loss 7% of input
Assuming that the losses can be sold as scrap for RM1.50 per kg. You are required
compute:
i) Scrap value of normal loss in RM.
ii) Expected output in kg.
iii) Calculate cost per kg