SECTION B [15 MARKS] Question 2 (15 marks) Happy Fathers' Day Ltd produces a single product by passing a material through a single process. The figures for the November 2020 production were as follows: Material input 5000 units N$18 750 Labour N$6 000 Overhead N$6 750 500 units Closing work in progress Output Normal loss 3 900 units 10% of input The closing Work In Progress is complete as to material cost and 50% complete as to labour and overhead. Assume that all waste was sold for N$1.50 per unit Required: Prepare i. The main process Account [10] ii. Normal loss Account [2] Abnormal loss Account [3] Please show all the relevant workings