The finished product of a manufacturing company passes through three Processes, viz., I, II and III. The normal wastage in each process is 5%, 7% and 10% for the Processes I, II and III respectively (calculated with reference to the number of units fed into each process). The scrap generated out of wastage has a sale value of 70 paise per unit, 80 paise per unit and Re. 1 per unit in the Process I, II and III respectively. The output of each process is transferred to the next Process and the finished output emerges from the process III and transferred to stock. There was no stock of work-in-progress in any process in a particular month. The details of cost data for the month are given below:

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Particulars Processes II 40,000 60,000 40,000 34,600 I 1,20,000 80,000 40,000 Output in Units (actuals) 38,000 Process I was fed with 40,000 units of raw input at cost of Rs. 3,20,000. Prepare the Process Accounts. Materials used (Rs.) Direct Labour Cost (Rs.) Production Expenses (Rs.) III 40,000 60,000 28,000 32,000