No Friction ' is an industrial lubricant, which is formed by subjecting certain crude chemicals to two successive processes. The output of process 1 is passed to process 2, where it is blended with other chemicals . The process costs for period 3 were as follows :

Process 1 Material 3000 lb@ £0.25 perkg labour: £120 Process plant time: 12 hours (ci £20 per hour Process 2 Material: 2000 lb. (a £0.40 perkg labour: £84 Process plant time: 20 hours n £13.50 per hour General overhead for period 3 amounted to £357 and is absorbed into process costs on a process labour basis.
The normal output of process 1 is 80% of input, while that of process 2 1s 90% of input.
Waste matter from process 1 is sold for £0.20 per kg, while that from process 2 is sold for £0.30 per kg.
The output for period 3 was as follows:
Process 1 2300 kg Process 2 4000 kg There was no stock or work in process at either the beginning or the end of the period, and it may be assumed that all available waste matter had been sold at the prices indicated.
You are required to show how the foregoing data would be recorded in a system of cost accounts