A product is manufactured by passing materials through two processes. Production costs for 2021 January are as follows: Direct materials Direct labour Overheads Process A 4 000 kg @ $3.00 per kg $2.000 100% of direct labour cost There is no beginning or ending work in progress inventory. Process B 1 500 kg @ $2.50 per kg $1 500 125% of direct labour cost Normal losses: Process A 10% Process B 5% Scrapped values: Process A Process B $1.75 per kg $2.50 per kg Output for 2021 January was: Process A 3 500 kg Process B 5 050 kg A. Prepare Process A and Process B accounts. (15 marks) B. Prepare abnormal loss/gain accounts. C. Explain the term, equivalent units. (3 marks) (2 marks)