. In a particular month, 1,000 units were introduced in Process A. The normal loss is estimated at 5% of input. At the end of the month, 700 units were produced and transferred to Process B, 230 were incomplete units and 70 units were scrapped at the end of the process. The incomplete units had the following degree of completion: materials 75%, labor 50%, overheads 50%.
Additional details of process A are as follows:
Rs
Cost of 1000
units introduced. 29000

Additional materials
consumed 7200

Direct Labour. 16700
Allocated overheads 8350

The scrapped units were sold at Rs. 10 per unit.
Compute:

1. Statement of Equivalent Production 2. Statement of Cost 3. Statement of Evaluation 4. Process A account​