Reuired:

a) Process 1 Account (20 marks)

b) Abnormal loss or gain account (2 marks)

c) Normal loss account (2 marks)

d) Scrap Account (1 marks)

ANSWER ALL QUESTIONS (25 MARKS) Question 1 By Fire By Force Ltd produces one product. For April 2019 the following figures are available Input 3,800 units Labour Overhead Normal loss Closing WIP Output Scrap value for losses Process 1 N$27,740 N$11,700 50% labour 5% Input 200 units 3,500 units N$3.50 per unit Closing WIP in progress is complete at to materials and 50% complete as to labour and overhead costs. All the losses from Process 1 were sold at N$3.50 per unit