Q1. Product A passes through three processes before it is transferred to finished stock. The following information is obtained for the month of July: Parol Process Process Process Fried to 5000 40000 8000 23.00 12.000 10.000 19.000 35.000 Opening stock Directa Direct was Mancung weeds Doung Stock ProMon price fel BERS 4800 15000 30.000 ter process for opening ook Stock in processes is valued at prime cost and finished stock has been valued at the price at which it is received from process III Sales during the period were 4,00,000 JD Prepare and compute: A. Process Cost Accounts showing profit element at each stage B. Actual realized profit C. Stock valuation for Balance Sheet purposes