Question: A product passes through two process A and B in the manufacturing process. The information related to the input and output for each process is

A product passes through two process A and B in the manufacturing process. The information related to the input and output for each process is given below:

9,500 units were issued in Process A at a cost of $10 per unit.

Process A Process B

Material added $29,000 $27,420

Direct Labour $13,000 $11,820

Overheads $9,775 $9,000

Normal loss 5% 4%

Normal loss scrap value $5 per unit $6 per unit

Output 9000 units 8700 units

From the information given above show the recordings in the:

  1. Process A account, show all working
  2. Process B account, show all working

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