Amoaba Enterprise manufactures a product which goes thr

Amoaba Enterprise manufactures a product which goes through three separate processes. The output of each process is transferred immediately to the next process except that of Process Z which is transferred to finish goods stock.
The normal loss for each process is estimated as follows:
Process X 15%
Process Y 10%
Process Z 5%
The costs for January were:
Process X Process Y Process Z
GHC GHC GHC
Direct materials
A (50000 kg ) 2600 _ _
B ( 20000 kg ) _ 1580 _
C ( 10000 kg ) _ _ 1080
Direct wages 120 70 150
Production overhead which is absorbed by using the direct wages percentage rate is GHC 850.
The output from the process were:
Process X 40500 kg
Process Y 55500 kg
Process Z 62200 kg
The following prices can be obtained from scrap sales:
Process X @ 0.01p per kg
Process Y @ 0.02p per kg
Process Z @ 0.024p per kg
You are required to prepare:
Process X Account.
Process Y Account.
Process Z Account.
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