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A manufacturing company produces a product that has to pass through two processes, Process 1 and Process2, before completion. In process 1, 10% of units input are lost via evaporation, and all good output is transferred to process2. In June 2,000 units were input to process 1 at a cost of $6.50 per unit and conversion costs were $5,000. Output transferred to process 2 was 1,500 units. What was the value of the abnormal loss/gain in June?
i got the answer like abnormal loss of 3000 but the exact answer is answer is abnormal gain of 3000 can you explain me sir what went wrong?
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