Question 4 Bexx Enterprise specialized in producing canned sardine that passes through two manufacturing processes. The cost of processing for each process in December 2020 was as follows: Direct material Direct labour (RM) Direct expenses (RM) Expected loss Actual output (kg) Process Material W 1 12,000 kg at RM1.50 per kg Material X 4,000 kg at RM0.90 per kg 15,000 4,450 5% of input 18,000 Material Y 3,000 kg at RM2.50 per kg Process Material Z 2 5,000 kg at RM2 per kg 18,000 4,620 850 kg 22,500 Additional information: (1) The overhead absorption rate is 50% and 40% respectively of the direct labor cost for each process. (ii) Process 1 scrap can be sold at RM0.10/kg whilst process 2 scrap can be sold at RM 0.15/kg. Required: (a) Process 1 account. (13 marks) (b) Process 2 account. (12 marks)