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please answer below question CoursHeroTranscribedText: Explain the concepts of the following topics, demonstrate the...

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Accounting

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CoursHeroTranscribedText: Explain the concepts of the following topics, demonstrate the wo rklng and solution for each Illustration, detailed working ls needed. For concepts and theories explanation question, further marks will be granted If expia nation with an}:r suitable examples and Illustration for guidance. 01: i(ltueen drink Co is a manufacturer for a popular soda beverage. It has just ended the following processes right on the vear end stock valuation period. Process info: particulars Units and costs Input material 20,000 units at $15,000 Scrap value on loss units 51 per unit Actual output at the end of process 19.200 units Please be noted that for all loss units could be scrapped shall be treated as side income from the process. There are no closing and opening WIP for this process. Requirement: 1. Calculate the estimated cost per output unit of the process. 2. Prepare the accounts for process and related transactions. 3. Calculate the abnormal units and its values

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