Question #3 An entity manufactures three products: All, For, One; that passes through two consecutive processes: Process A and Process B. The output of process A is the input of process B after which it is prepared for the final customers. Below are data relating to both processes for the year ended December 31, 2013: Opening inventory Direct Material (100,000 units) Conversion costs Normal loss Scrap value of normal loss Output Process A Nil $1,600.000 $2,400,000 5% S2 90,000 Process B Nil Nil $4,095,000 10% $20 All: 40,000 For: 25.000 One: 15,000 Selling prices for each unit is $50,$60 and $100 for All, For and One respectively. Required: a) Prepare process A b) Prepare process Busing the relative sales value method as well as the unit to produce method