A process costing system for J Co used an input of 3,500Kg of materials at Rs20 per Kg and labour hours of 2,750 at Rs 25 per hour. Normal loss is 20% and losses can be sold at a scrap value of Rs5 per Kg. Output was 2,950 Kg. What is the value of the output?
A. Rs 142,485
B. Rs 146,183
C. Rs 149,746
D. Rs 152,986
Answer: Option A
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Can anyone please share the detailed steps of calculation for this question? Thanks