Please do it correctly -otherwise report

question 29 : A Chemical Company carries on production operation in two processes. The material first pass through Process I, where Product 'A' is produced, Following data are given for the month just ended: Material input quantity 2,00,000 kgs Opening work-in-progress quantity (Material 100% and conversion 50% complete) 40,000 kgs Work completed quantity 1,60,000 kgs Closing work-in-progress quantity (Material 100% and conversion two-third complete) 30,000 kgs Material input cost 75,000 Processing cost 7 1,02,000 Opening work-in-progress cost Materials cost 20,000 Processing cost 12,000 Normal process loss in quantity may be assumed to be 20% of material input. It has no realizable value. Any quantity of Product 'A' can be sold for 7 1.60 per kg. Alternatively, it can be transferred to Process ll for further processing and then sold as Product 'AX' for 2 per kg. Further materials are added in Process II, which yield two kgs of product 'AX' for every kg of Product 'A' of Process I. Of the 1,60,000 kgs per month of work completed in Process 1,40,000 kgs are sold as Product 'A' and 1,20,000 kgs are passed through Process II for sale as Product 'AX'. Process ll has facilities to handle upto 1,60,000 kgs of Product 'A' per month, if required. The monthly costs incurred in Process II (other than the cost of Product 'A') are: 1,20,000 kgs 1,60,000 kgs of Product 'A' of Product 'A' input input Materials Costs 1,32,000 1,76,000 Processing Costs 71,20,000