Problem 5.4: Process Cost example with Normal Loss, Abnormal Loss, Abnormal Galli The following information is available about process B. 20000 units were transferred to process B @ Rs. 4 per unit. Normal loss in the production process is estimated @ 10% of process input. Output of process B is transferred to finished stock account. Amount (Rs. '000) Particulars Labor Cost 1000 Materials 4000 Proportionate share of factory overhead 700 You are required to prepare the process cost account for process B under each of the following 3 independent scenarios: a) Actual Production is 1800 units b) Actual Production is 1700 units Actual Production ie 1000 unite