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A product passes through three processes, during December 2019, 10,000 finished units were produced with the following expenditure: Particulars Process A Process B Process C
- A product passes through three processes, during December 2019, 10,000 finished units were produced with the following expenditure:
| Particulars | Process A | Process B | Process C |
| Direct Materials | $100,000 | $200,000 | $100,000 |
| Direct labor | 50,000 | 40,000 | 30,000 |
| Direct expenses | 5,000 | 6,000 | 10,000 |
Overhead expenses amounted in all to $60,000. They are to be apportioned
on the basis of direct wages. Main raw materials issued to process A were
worth $60,000
Required: Prepare Process Accounts.
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