1.

(a) A product passes through three distinct processes A, B and C. The following information is given: Process A (Rs.) Process B (Rs.) Process C (Rs.) Material (input 2,000 units) 10,000 ---- ---- Labour 5,000 15,000 10,000 Direct Expenses 4,680 2,640 3,600 Normal Wastage (% of Input) 2% 10% 10% Realizable Value of Wastage Per Unit 2 10 10 Output (Units) 1,960 1,700 1,550 Prepare: Process Accounts, Normal Loss Account, Abnormal Loss Account and Abnormal Gain Account

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