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QUESTION 2 Mutiara Sihat Sdn Bhd produces medical products for local supplies. The products have to go through two sequential processes which are Mixing and Packing. The products then emerge as two separate and identifiable products known as XXY and DDK. For tha month of . lune 2022 the following information is available in the Packing Process. Additional information: i. First in First Out (FIFO) method is used to value the opening work in progress ii. Joint cost is apportioned based on physical units iii. Losses or gains (if any) are assumed to arise at the end of each process Required: a. Construct the Packaging Process Account with all relevant statements. (Show all workings) (15 marks) b. Prepare Normal Loss, Abnormal Loss, or Abnormal Gain accounts (if any). (5 marks) c. Calculate the profits for Mutiara Sihat Sdn Bhd if all products had been sold in June 2022. (5 marks) QUESTION 2 Mutiara Sihat Sdn Bhd produces medical products for local supplies. The products have to go through two sequential processes which are Mixing and Packing. The products then emerge as two separate and identifiable products known as XXY and DDK. For tha month of . lune 2022 the following information is available in the Packing Process. Additional information: i. First in First Out (FIFO) method is used to value the opening work in progress ii. Joint cost is apportioned based on physical units iii. Losses or gains (if any) are assumed to arise at the end of each process Required: a. Construct the Packaging Process Account with all relevant statements. (Show all workings) (15 marks) b. Prepare Normal Loss, Abnormal Loss, or Abnormal Gain accounts (if any). (5 marks) c. Calculate the profits for Mutiara Sihat Sdn Bhd if all products had been sold in June 2022