Beta Ltd. has the following cost details for its two production processes for June:

Particulars	Process 1 (₹)	Process 2 (₹)
Materials	60,000	--
Labour	45,000	80,000
Overheads	25,000	70,000

The output from Process 1 is transferred to Process 2 with a 10% profit on the transfer price. Process 2’s output is transferred to the finished stock at a 25% profit on the transfer price. The finished goods are sold for ₹5,50,000.

Requirements:

1. Prepare accounts for Process 1 and Process 2.
2. Determine the total profit for Beta Ltd.
3. Assume no opening or closing work-in-progress.