During the month, actual issue of materials for production purpose was 68,500 . Wages and overheads in the month amounted to 79,800 and 21,280 respectively. Finished production taken into the stock in the month was 2,500 units. There was no loss in the process. At the end of the month, the stock of work-in-progress was 500 units ( 60 per cent complete as to labour and overheads and 80 per cent complete as to materials). Prepare (i) Statement of equivalent production (ii) Statementof Evaluation and (iii) Process Account. [Effective units : Materials 2,740 ; Labour and Overheads 2,640 each ; Cost per equivalent unit. Material 25, Labour 30.227, Overheads 8.061 ; Cost of