Question: A company operates a continuous process into which 2000 units of material costing OMR 8000 was input in a period. Conversion costs for this period
A company operates a continuous process into which 2000 units of material costing OMR 8000 was input in a period. Conversion costs for this period were OMR 9500 and losses, which have a scrap value of OMR 2. are expected at a rate of 10% of input. There was no opening or closing inventories and output for the period was 1850 units. A. Cost per unit of output B. Value of output: OMR 9.50 OMR 10.25 OMR 11.25 OMR 8.75
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