A product passes through three processes, during December 2019, 10,000 finished units were produced with the following expenditure:

Particulars	Process A	Process B	Process C
Direct Materials	$100,000	$200,000	$100,000
Direct labor	50,000	40,000	30,000
Direct expenses	5,000	6,000	10,000

         

Overhead expenses amounted in all to $60,000. They are to be apportioned on the basis of direct wages. Main raw materials issued to process “A” were worth $60,000

Required:   

Prepare Process Accounts.