Mr. Imad is working in “Oman Oil LLC”. He is responsible to provide cost of each element which he spend for manufacturing different products in Oman Oil LLC . Mr. Jaber is working as senior cost accountant. According to you, which details Mr. Jaber will take form Mr. Imad regarding the product and use of various material. You have to justify in details, which costing method Mr. Jaber will select? Also write list of the cost elements which are being use in producing different products in Oman Oil LLC as oil production business.

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Meaning of Cost Sheet Cost Sheet is a statement which presents detailed information relating to the ... View the full answer