5. A product is obtained after passing through 3 distinct processes P1, P2 and P3. From the following info relating to the year ending March 2020, prepare relevant process accounts by identifying normal and abnormal process losses.

5,000 kgs of direct material were introduced at the rate of $5 per unit in the first process (P1).

Particulars	P1	P2	P3
Other Direct Materials consumed $	18,000	20,000	22,000
Direct Labor $	15,000	18,000	20,000
Overheads on Direct labor	100%	90%	80%

Other relevant information are:

Process	Production / Process Output (units)	Normal loss %	Scarp value (per unit $)
P1	4,000	20%	1.8
P2	3,400	15%	1.5
P3	3,000	10%	1.2

1 hour submission please help