Question: W&B Ltd produce a breakfast cereal that involves several processes. At each stage in the process, ingredients are added, until the final stage of production

$W\&B Ltd produce a breakfast cereal that involves several processes. At$

W\&B Ltd produce a breakfast cereal that involves several processes. At each stage in the process, ingredients are added, until the final stage of production when the cereal is boxed up ready to be sold. In process 2, W\&B Ltd have initiated a quality control inspection. This inspection takes place BEFORE any new ingredients are added in to process 2 . The inspection is expected to yield a normal loss of 5% of the input from process 1 . These losses are sold as animal fodder for GHSI per kg. Actual output Prepare the process account, abnormal loss and gain account, and scrap account for process 2 for the period just ended

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