XYZ Ltd. has the following information regarding two of its processes for the month of May:

Particulars	Process A (₹)	Process B (₹)
Materials	50,000	--
Labour	30,000	70,000
Overheads	20,000	60,000

The output of Process A is transferred to Process B at a price calculated to give a profit of 25% on the transfer price. Process B’s output is transferred to the finished stock at a profit of 30% on the transfer price. The finished stock department realized ₹6,00,000 for the finished goods received from Process B.

Requirements:

1. Prepare process accounts for Process A and Process B.
2. Calculate the total profit.
3. Assume there was no opening or closing work-in-progress.