A company, using process costing, manufactures a single product which passes through two processes. The following information related to the previous four- week period: Raw materials issued to Process I was 8.000 units at a cost of RM10. There was no opening inventory or work in progress. Process 1 Process 2 Additional materials added 750 units @ RM10 Direct wages incurred RM6,000 RM3,000 Direct expenses incurred RM 17.100 RM 7,650 Production overheads as a % 135% 80% of direct wages % of normal loss of input 10% 12% Scrap value per unit RM4 RM3 Output in units 7,000 6,900 Prepare the Process 1 and Process 2 accounts. (Presentation of units and values are required)