A company uses process costing to value its output. The following was recorded for the period:

Input materials

2000 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 stocks:

What was the valuation of one unit of output to one decimal place?

A £11.8


C £11.2

D £11.0