Wrap Text + Direct material added in process Direct wages Direct expenses Production overheads Output (units) Normal loss % of input units) Process 1 $ 8 600 5 000 4 700 4000 9 200 10 Process 2 $ 10 500 8 000 3 480 7 000 8 700 5 Process 3 $ 6 000 12 000 6 080 5 500 7900 10 Total $ 25 100 25 000 14 260 16 500 Scrap value $0.30 $0.50 $1.00 10 000 units at $1.40 each were issued to process 1. REQUIRED a. Prepare the following accounts i. Process 1 ii. Process 2 iii. Process 3 iv. Abnormal Loss V Abnormal Gain vi. Finished Goods A/C (24 Marks) B. Identify four (4) distinguishing features between job order costing and process costing (4 marks)