From the following information about Ramya Co.Ltd. during a period, prepare Process Cost.

Account for process C

Opening stock in process C - 1,600 units at Rs. 20,600

Transfer from Process B - 42,400 units at Rs. 3,29,200

Transfer to Process D - 38,400 units

Closing stock of Process C - 4,000 units

Units scrapped 1,600 units

Direct material added in Process C - Rs. 1,58,080

Direct wages - Rs. 78,080

Production Overheads - Rs. 39,040

Degree of completion

Particulars Opening stock Closing stock

Materials 80% 70%

Labour 60% 50%

Overheads 60% 50%

The normal loss in the process was 5% of the production and scrap was sold at Rs. 3 per unit.