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TYN Limited Produces Adhesives

Question 13

Multiple Choice

TYN Limited produces adhesives. In July, 3,000 litres of material were used to produce 2,790 litres of super-strength glue. Materials costs for the month were £27,072 and labour and overheads added to the process amounted to £18,189. All losses from the process are sold for £2.35 per litre. Normal losses are 6% of input materials. What is the per litre cost of production for super-strength glue in July?


A) £15.90
B) £16.05
C) £16.07
D) £16.20

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