ABC Ltd. manufactures a product AB that requires two separate processes for its completion. The output from Process A is passed to Process B. The following information is available for Process B for Sep. 202x: Opening work-in-progress Transfer costs from Process A Materials costs Conversion costs Costs introduced during Sep. 202x Transfer costs from Process A Materials costs Conversion costs Closing work-in-progress 5,500 units 16,600 5,150 8,250 16,000 units Required: a). Calculate the volume of completed units of Process B for the period. 49,000 15,000 38,000 5,000 units Additionally, the 5,000 units closing WIP are estimated to be 60% completed, and materials are introduced at the end of Process B. The product is inspected when it is complete. The normal losses are expected to be 1,000 units, but 1,500 units of finished product were rejected in total at the end of Sep. 202x, and no disposal value for rejected units. b). Calculate the value of cost per unit of Process B for the period (perform calculations to two decimals where necessary), using the weighted average method and short cut approach here.