* not completed

. TJC Limited operates a treacle making process. In January, the process used 10,000 litres of materials. Normal loss from the treacle making process is 5% of input materials and these normal losses have a disposal cost of £0.19 per litre. The costs of the inputs to the treacle making process in January were: materials: £2,375, labour £1,710, overhead £855. There were no abnormal gains or losses arising from the process in January. What was the production cost of each litre of treacle produced in January?

50.35 pence correct incorrect

51.00 pence correct incorrect

52.00 pence correct incorrect

53.00 pence correct incorrect

* not completed

. XYZ Limited operates a detergent making process. In March, the process used 20,000 litres of materials. Normal loss from the detergent making process is 2% of input materials and these normal losses have a disposal cost of £0.40 per litre. The costs of the inputs to the detergent making process in March were: materials: £31,360, conversion: £11,600. Actual production in March was 19,520 litres of detergent What was the production cost of finished detergent produced in March?

£42,625 correct incorrect

£42,785 correct incorrect

£42,944 correct incorrect

£43,120 correct incorrect

* not completed

. TFP Limited operates a paint making process. In June, the process used 25,000 litres of materials. Normal loss from the paint making process is 4% of input materials and these normal losses have a disposal cost of £0.24 per litre. Materials inputs to the process in June cost £36,000 and conversion costs for the month totalled up to £6,000. Actual production of paint in June was 24,100 litres. What was the production cost of finished paint produced in June?

£41,934 correct incorrect

£42,240 correct incorrect

£42,392 correct incorrect

£42,416 correct incorrect

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