Process costing illustrations 0 'I Aherne Ltd is a dog food manufacturer. Its premium dog food product passes through three processes before it is ready for sale. The following costs were input into process 1 in April. 2019: Shs Direct Materials (20,000 litres) 73,000 Direct labour 42,952 Production overhead 85 540 209192 Normal loss is 5% of input materials and losses have a scrap value of sh.2 per litre. There was no WIP at the beginning of April. During April, output to process 2 totaled 15,800 litres. Closing WIP at the end of April was 2400 litres, which was 100% complete for direct material but only 25% complete for direct labour and production overheads. Losses are detected upon completion. Required Processl Account Normal loss-\"Scrap Sales Account Abnormal loss account or abnormal gain account for April Prepare a statement of equivalent units for April Prepare workings to show the valuation of closing ltill'lF' and output to process 2