[preethi0225]

Hello sir or mam can you please help me to solve this problem step by step

[preethi0225]

A product goes through two processes. Last month’s data for process two was as follows:
Normal loss is 5% of input. All losses are fully processed and have a scrap value of $3 a litre. Closing work in progress is fully complete for material but is only 20% processed.

Information ,
Material transferred from process one 3,200 litres at $5 a litre
Conversion costs 8,500
Output transferred to finished goods 2,800 litres
Closing work in progress 100 litres

7 What is the value of the completed output? $
8 What is the value of the closing work in progress (to the nearest cent)? $

Hello sir ,can you help me to solve is problem please

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