A company passes a raw material through two processes to make a single product. Actual data for Month 3 is as follows: Process 1 Material input: 3,000 units at $2.00 per unit Conversion costs: $5,400 Output to Process 2: 2,650 units. Process 2 Conversion costs: $7,068 Finished product: 2,300 units. There is no opening or closing work-in-progress in either process. Rejects are expected as follows: Normal rejects Scrap value of reject units Process 1 5% of input $1.52 per unit Required Prepare the Process Account for each process for Month 3. Process 2 8% of input $1.84 per unit