In a factory, the product passes through two processes A and B. A loss of 5% is allowed in process A and 2% in process B, nothing being realized by disposal of the wastage. During April, 10,000 units of material costing Rs 6 per unit were introduced into process A. The other costs were as follows:

Process A (Rs) Process B (Rs)

Materials — 6,140 Labour 10,000 6,000 Overheads 6,000 4,600 The output was 9,300 units from process A; 9,200 units were produced by process B, which were transferred to a warehouse. 8,000 units of the finished product were sold at Rs 15 per unit, the selling and distribution expenses being Rs 2 per unit. Prepare process accounts and a statement of profit or loss of the firm for April, assuming there are no opening stocks of any type.