A company makes a product that passes through two production processes. For the week ended December 31, 2012, details of production were as follows: Process 1 Process 2 Material (4 000 kilos) $10 000 ----- Added materials ----- $3 134 Labour $3 500 $6 500 Overheads $5 500 $4 500 Output to Process 2 3 700 kilos Output to finished goods 3 680 kilos Normal Losses: Process 1 5% of input Process 2 2% of input from Process 1 Scraps can be sold for $0.75 in Process 1 and Process 2 Required: A. Process 1 Account.

B. Process 2 Account.

C. Abnormal loss or abnormal gain account for the period.