Abnormal Gain and Normal Loss in Process: From the following data, calculate Normal loss in each process and prepare process account, normal loss account and abnormal gain account. Process A Process B Materials RO 1,500 RO 500 Labor RO 800RO 2,000 Other expenses RO 220 RO 708 Input introduced 200 units Output c/f to Next Process 185 units 160 units Normal Loss of input 10% 20% Value of scrap per unit RO2 RO 4 Indirect expenses amounting to RO 850 may be apportioned based on wages. 3. One of the primary functions of the bank is accepting deposit and advancing loans. Banks are always keen to increase their assets in the forms of loans. Every bank have their own policies to attract customers. Bank Sohar as compared to other banks, are unable to generate more loans. They offer loans, but with high interest rate and the terms and conditions for these loans are not acceptable to majority of the customers. If these loans are not acceptable to customers, banks may not be able generate revenue. If banks agree to change their policy towards advancing, what factors do you think may Influence the loan policy of Bank Sohar