(A) XP Co. operates a processing operation involving two stages, the output of process 1 being passed to process 2. The process costs for period 3 were as follows. Process 1 Material Process 2 Material 3,000 kg at $0.25 per kg 2,000 kg at $0.40 per kg Labour Labour $120 $84 General overhead for period 3 amounted to $357 and is absorbed into process costs at a rate of 375% of direct labour costs in process 1 and 496% of direct labour costs in process 2. The normal output of process 1 is 80% of input and of process 2, 90% of input. Waste matter from process 1 is sold for $0.20 per kg and that from process 2 for $0.30 per kg. The output for period 3 was as follows. Process 1 2,300 kgs Process 2 4,000 kgs There was no inventory of work in progress at either the beginning or the end of the period and it may be assumed that all available waste matter had been sold at the prices indicated. Required: Show how the foregoing data would be recorded in process, scrap and abnormal loss/gain accounts