Product X is obtained after it passes through three distinct processes. Material Direct Wages Production Overheads Total Kshs 15,084 18,000 18,000 I Kshs 5,200 4,000 Processes II Kshs 3,960 6,000 1,000 units @ Shs. 6 per unit were introduced in Process I Production overhead to be distributed as 100% on direct wages. III Kshs 5,924 8,000 Actual output Process I Process II Process III Unit 950 840 750 You are required to: i. Prepare Process Accounts ii. Abnormal Loss Account iii. Abnormal Gain Account Normal Loss 5% 10% 15% Value of Scrap per unit Shs 4 8 10 (10marks) (3marks) (2marks)