Caleb Ltd uses a process costing system. during the month they put 640 units of...
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Accounting
Caleb Ltd uses a process costing system. during the month they put 640 units of total production at a cost of n$27 680. the company has estimated that the normal loss would be 5% with a scrap value of n$10 per unit. during the month 592 goods finished units were actually manufactured. the amount to be transferred to abnormal loss/gain account would be:
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