Question 2 The following information relates to Process 2 for the month of January 2021. Opening inventory 300 units complete as to: GHS materials from process 1 100% 4.400 added materials 90% 1.150 labour production overhead 80% 810 6.900 In January 2021, a further 1,800 units were transferred from Process 1 at a valuation of GHS27,000. Added materials amounted to GHS6,600 and direct labour to GHS3,270. Production overhead is absorbed at he rate of 150% of direct labour cost. Closing inventory as at 31 January 2021 amounted to 450 units, complete as to: Process 1 materials 100% added materials 60% labour production overhead 50% Required: Prepare the Process 2 account for January 2021 using FIFO valuation method