46-In process C on 1st April, there was no work-in-progress. During the month of April, 1,000 units of material were issued at a cost of RO 10,000. Labor and overheads totaled RO 4,375 and RO 2,400 respectively. On 31st April, 750 units were completed and transferred to the next process. On the remaining 250 units, which are incomplete, degree of completion was as follows: Materials 100%, Labor 50%, and Overhead 20%. Identify from the following the total cost of finished goods that should be shown in the process account.

a.

2,250

b.

3,275

c.

13,500

d.

31,500

49-In process costing direct and indirect cost are aggregated and are shown as:

a.

None of the choices is correct

b.

Product wise

c.

Production wise

d.

Process wise