Question: i need the answer and explaination too especially for question b i also want a formula of each question 1. In August 2000 kg of

i need the answer and explaination too especially for question b

i also want a formula of each question

1. In August 2000 kg of a material were introduced to a process at a cost of RM5/kg, and 200 hours labour were spent at a cost of RM12/hour. Overheads are absorbed at the rate of RM3/labour hour. Normal losses are incurred at the rate of 5% of input and lost units can be sold for RM0.8 per kilogram and 1,700 units were produced. Required (a) Prepare the process account to record the above transactions (9 Marks) (b) Determine the value for (1) Cost per unit for the process (5 Marks) (ii) Normal loss (2 Marks) (ii) Abnormal loss (2 Marks) (iv) Finished goods (2 Marks) (Total 20 Marks)

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