6. After discussing the treatment of process losses and abnormal effectiveness in process accounts theoretically, you are required to prepare Process accounts, Normal loss accounts, Abnormal loss accounts and Abnormal effective (gain) account from the following data obtained in respect of product A which passes through two distinct processes namely process X and process Y: Process-Y Particulars Input (Rs.) (8,000 units) Material Cost (Rs.) Labor Cost (Rs.) Electric Power (Rs.) Normal loss Value of scrap per unit (Rs.) Output (units) Process-X 8,96,000 1.46,500 1,18,800 44,300 5% 50 7,500 1,04,580 79,200 47,220 4% 62 7.240 Other manufacturing expenses are Rs.1,98,000 to be charged on the basis of labor cost