Question: please help Problem 8.20 The following information is given is respect of Process No. 3 for the month of March 2012. Opening stock 2,000 units,

please help Problem 8.20 The following information is given is respect ofplease help

Problem 8.20 The following information is given is respect of Process No. 3 for the month of March 2012. Opening stock 2,000 units, made up of: Direct Material -1 $12,350 : Direct Material - 11$13,200 : Direct Labour $17,500 : Overheads $11,000. Transferred from Process No. 2: 20,000 units @ per unit. Transferred to Process No. 4: 17,000 units. Expenditure incurred in Process No. 3: Direct Materials $3000 Direct Labour $60,000; Overheads $60000 Scrap: 1,000 units - Direct Materials 100%; Direct Labour 60%; Overheads 40%. Normal Loss 10% of production, Scrapped units realized {4 per unit. Closing Stock: 4,000 units - Degree of completion : Direct Material 80%; Direct Labour 60% and Overheads 100% Prepare Statement of Equivalent Production, Statement of Cost per unit

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