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Need urgently within few minutes or else skip Lindwal Ltd. produces a standard product through Process I and Process II. Finished product from Process I

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Need urgently within few minutes or else skip Lindwal Ltd. produces a standard product through Process I and Process II. Finished product from Process I is used as raw materials for Process II. From the following details prepare necessary accounts: Process / Process II Input (in units) 15,000 13,000 Materials (in Rs.) 30,000 4,000 Labour (in Rs.) 18,000 15,275 Overheads (in Rs.) 9,000 10,950 Normal loss (estimated) 10% 5% Scrap value per unit (in Rs.) 2 3 There was no opening or closing work-in-progress. The final output from Process II was 12,500 units

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