1. Banza Itd manufactures a range of products in a variety of processes and the following information's below relate to Process 2 for the month of December GHS 15960 4038 5778 12964 Transfer from Process 1 21600 units Transfer from Process 19300 units Direct Material Introduced during process Direct Wages incurred Overhead apportioned to Process There is a normal loss in process of 10% of input All units are scrapped can be sold at 0.40GHS Opening Work in progress 2400 units Degree of Completion Materials added in process 40% Direct Wages 60% Prodcution overhead 40% 3720 2150 940 630 2000 units Closing work in progress Degree of Completion Materials added in process Direct Wages Prodcution overhead 80% 60% 40% 2700units Units scrapped Degree of completion Materials added to process Direct Wages 50% 40% 20% Production Overhead You are required to prepare: (a) Process A/c for the month Average weighted method FIFO method (b) Abnormal Gain/loss A/C