please show working out

TRU plc manufactures different products, one of which is SX3. The manufacturing process of SX3 involves going through two processes prior to completion; Process 1 and Process 2. Data for Process 1 in the month of April 2022 and for Process 2 in the month of May 2022 is given below: Process 1 (April 2022): The input in Process 1 was 500kg of direct material. As a result, 440kg was output from Process 1. Normal loss in Process 1 is estimated to be 10%. The costs of production in Process 1 were: materials 880,000; labour 725,000 and overheads 180,000. Opening and closing inventory were both zero in Process 1 in April 2022. All output units were complete units. Process 2 (May 2022): The output of Process 1 at the end of April 2022 was the input into Process 2 at the beginning of May 2022. The normal loss which the company expect in Process 2 is estimated to be 5%. The company incurred the following costs on production in Process 2: materials 970,000; labour 625,000 and overheads 125,500. Opening and closing inventory were both zero in Process 2. All output units were complete units. The output of Process 2 at the end of May 2022 was 420kg. Required: (Your workings and answer should be to two decimal places) a) Create the process accounts for Process 1 in April 2022 and Process 2 in May 2022 and balance them off. (21 marks) b) The following additional information is also available for Process 2 for the month of May 2022: The budgeted labour hours were 2,500. The actual labour hours were 2,300. The budgeted overheads were 180,000. Required: I i) Calculate the overhead absorption rate per labour hour for Process 2 for the month of May 2022. (1 mark) ii) Calculate the under or over absorption of overheads for Process 2 for the month of May 2022. (3 marks) Total 25 marks