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RO RO 50 Practice Problem 6 Product Z passes through three processes - A, B and C. The expenses incurred in the three processes during the year 2007 were as under: Particulars Processes A B Units of input issued 1000 Details RO Cost per unit Direct Materials 1600 3315 3220 Direct labor 2600 8000 6392 Sale price of output (per unit) 70 100 200 The normal loss of the three processes, calculated on the input of every process was A - 5%, B - 15% and C - 20%. The loss of process A was sold at 1RO per unit, and that of Process B at 3 RO and C at 6RO per unit. Two-third of the output of Process A and one- half of the output of Process B was passed to the next process and balance was sold. The entire output of Process C was sold. Prepare three process accounts