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 ande $5 500 Overheads $4 500 Output to Process2 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. (6 marks) B Process 2 Account. (10 marks) C Abnormal loss or abnormal gain account for the period. (4 marks)