10 Excellent Ltd makes a product called 'EX' in three processes, X, Y and Z. Product 'EX' passes through these three processes to completion. The following information on the three departments are available as follows: Elements of cost Particulars Department X Department Y Department Z Total Direct RM 2,000 material RM 3,500 RM 3,600 RM 9,100 Direct labour RM 3,000 RM 4,000 RM 5,000 RM 12,000 Direct RM 500 RM 300 RM expenses 800 Production RM overheads 2,400 Normal loss of 5% 5% 10% material input Scrap value RM 2.00 RM 1.50 RM 0.50 Output 1,900 units 1,720 units 1,630 units Additional information: (a) 2,000 units at RM 8 each were issued to Process 1 (b) There was no stock of material or work in progress in any department at the beginning or end of the period. The output of each process passes directly to the next process and finally to finished stock. Production overheads are allocated to each process on the basis of 20% of the cost of direct labour. You are required to prepare the process accounts.