During a month, $4500$ units were introduced into process $A.$ The normal loss

was estimated at $8\%$ on input. At the end of the month, $2600$ units had been

produced and transferred to next process, $1400$ units were incomplete and

$500$ units had been scrapped. It was estimated that uncompleted units had

reached a stage in production as follows :

Material$-80\%$ completed

Labour$-60\%$ completed

Overheads$-50\%$ completed

The cost of $4500$ units introduced was $10,500.$ Direct materials introduced

during the process amounted to $.$ Production overheads incurred were

$.$ Direct labour was $5,460.$ Units scrapped realized $3$ each. The units

scrapped have passed through the process, so were $100\%$ completed as

regards material, labour and overheads.

Answer the following questions :

$($i$)$ Prepare a statement of equivalent production.

$($ii$)$ Evaluate the cost of abnormal loss, finished goods and closing stock.

$($iii$)$ Prepare the process A account and abnormal loss account.