Direct 24,000 8,000 Expenses 12,000 4,000 Production 50,400 Overhead In Process I:- 4,800 units @$10 each were introduced. There was no stock of materials or work in progress at the beginning or at the end of the period. The output of each process passes directly to next process and finally to the finished store. Production overhead is recovered on 150% of direct wages. The following additional data are obtained. Particulars Output during % of normal the week Value of loss to input scrap per unit Process I 4,320 units 10% $2 Process II 4,000 units 5% Process III 3,600 units 15% 233 $4 $5 Prepare Process Cost Accounts and Abnormal Loss and Abnormal Gain Accounts. (34 = 12 Marks) A B I 20 11+ 13 X FA S 0 %