Wafers Company produces a single product which undergoes two processes. The following details relate to one period. Process 1 Process 2 $ $ Raw materials (60 000 units) 80 000 --- Material Introduced 23 500 18 750 Direct wages 15 600 12 000 Production Overheads 3 800 4 600 Output 55 200 units 53 800 units Scrap Nil $1 Normal loss of 5% of input in each process is anticipated.