An entity manufactures three products: All, For, One; that passes through two consecutive

processes: Process A and Process B$.$ The output of process A is the input of process B

after which it is prepared for the final customers. Below are data relating to both processes

for the year ended December $31,2013$:

Process A Process B

Opening inventory Nil Nil

Direct Material $(100,000$ units$)$ $$1,600,000$ Nil

Conversion costs $$2,400,000$ $$4,095,000$

Normal loss $5\%10\%$

Scrap value of normal loss $$2$ $$20$

Output $90,000$ All: $40,000$

For: $25,000$

One: $15,000$

Selling prices for each unit is $$50,$ $$60$ and $$100$ for All, For and One respectively.

Required:

$($a$)$ Prepare process A

$($b$)$ Prepare process B using the relative sales value method as well as the unit to produce

method.