Following information is available about a process. 2,000 kg material input costing OMR 20,000 and...
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Accounting
Following information is available about a process. 2,000 kg material input costing OMR 20,000 and labour and overhead is OMR 5,000. During a period 1500 kg are completed. The remaining 500 kg is 60% complete with regard to labour and overheads. Calculate the cost per equivalent unit of material.
a.
OMR 10
b.
OMR 22.22
c.
OMR 16.67
d.
OMR 13.33
Direct answer without explanation
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