A company uses process costing to value its output. The following was recorded for the period:
Input materials????????????????? 2,000 units at $4.50 per unit????????
Conversion costs???????????? 13,340
Normal loss????????????????????? 5% of input valued at $3 per unit
Actual loss??????????????????????? 150 units
There were no opening or closing inventories.What was the valuation of one unit of output to one decimal place?