Question: 5,000 units are given as input of material into a process at a cost of OMR 25,000. Labour and overhead cost totalled OMR 9,300. At
5,000 units are given as input of material into a process at a cost of OMR 25,000. Labour and overhead cost totalled OMR 9,300. At the end of a period 4,000 units are completed and 1,000 units were in the ending work-in-process inventory and they are 65% complete with regard to labour and overheads. Calculate the cost per equivalent unit of labour and overheads.
a.
OMR 5
b.
OMR 2
c.
OMR 6.86
d.
OMR 14.31
Direct answer without explanation
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
