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Please assist with Process 1 ONLY . Thank you! Century Bhd is a well- known company of food industry in Malaysia. The company applies process

Please assist with Process 1 ONLY . Thank you!

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Century Bhd is a well- known company of food industry in Malaysia. The company applies process costing to produce a product named Delibest. The ingredients of the product are mixed in two different processing departments, Process 1 and Process 2. The output of Process 1 becomes the input for Process 2 and the output of Process 2 is transferred to the packing department. The information below relates to the Process 1 and Process 2 of producing the product for May 2021: Process 1 Input: Material A 6,000 kg at RM0.50 per kg Material B 4,000 kg at RM1.00 per kg Mixing labour 430 hours at RM2 per hour Expected output 95% of input Actual output 9,200 kg Process 2 Input: Material C 6,600 kg at RM1.25 per kg Material D 4,200 kg at RM0.75 per kg Flouring essence RM300 Mixing labour 370 hours at RM2.00 per hour Expected output 95% of input Actual output 18,000 kgAdditional information: 1. In May, overhead of RM3,200 incurred by two processes was absorbed on the basis of mixing labour hours. 2. Scrap was sold at RM0.16 per kilogram for Process 1 and RM0.32 for Process 2. 3. Cost per unit is to be calculated to four decimal places and all other calculations are to be rounded up to nearest RM. Required: Prepare Process 1 and 2 accounts (show all the workings)

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