A product is manufactured by passing materials through two processes, Production costs for 2021 January are as follows: Process A Process B 1500 kg @ $2.50 per kg 125% of direct labour cost. Direct materials Direct labour Overheads 4 000 kg @ $3.00 per kg $2 000 $1 500 100% of direct labour cost There is no beginning or ending work in progress inventory. Normal losses: Process A Process B 10% 5% Scrapped values: Process A $1.75 per kg Process B $2.50 per kg Output for 2021 January was: Process A 3.500 kg Process B 5.050 kg A. Prepare Process A and Process B accounts. (15 marks) B. Prepare abnormal loss/gain accounts. (3 marks) C Explain the term, equivalent units. (2 marks)